In-Store Sales Are Not Dead, Just Ask Target

WINSTON-SALEM, N.C. - Aug. 23, 2018 - PRLog -- In-Store Sales Are Not Dead, Just Ask Target

Brick-and-mortar retail scores against Amazon as Target CEO and chairman Brian Cornell, claims that in-store sales and online sales were the highest traffic in over a decade.

"For the second consecutive quarter, traffic growth is better than we've seen in well over 10 years, driving 6.5 percent comp growth - Target's best in 13 years," said Cornell.

The company announced its second quarter 2018 financial performance, including comparable sales growth of 6.5 percent and traffic growth of 6.4 percent. Target's total revenue of $17.8 billion increased 6.9 percent from $16.6 billion last year, reflecting sales growth of 7.0 percent and growth in other revenue of 0.2 percent.

Along with a program to remodel stores, Target has also expanded services like same-day delivery and curbside pickup to make online shopping easier. The combination of in-store and convenience options is one that many supermarkets are clinging to.

Target wasn't the only one excited about the high consumer traffic. Walmart also posted a… to read the complete story, click on this link https://abasto.com/en/news/in-store-sales-not-dead-target/