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ShopperTrak: June 2012
Total U.S. shopper traffic in retail stores and malls for June 2012
Summer retail is heating up. June brought high temperatures and a steady stream of shoppers to stores across the nation. Retail foot traffic in June increased 5.2% compared with the previous month and 7% over the same period last year.
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June sales softer than expected at Target
MINNEAPOLIS — Target reported a 2.1% same-store sales increase that was toward the low end of the company’s expectations.
Despite June sales that were softer than expected, Target left its second quarter profit forecast intact as the weaker-than-expected result offset a better-than-expected performance the previous month.
