Target saw a surge of shoppers head to its stores and website during the 2018 holiday season, a sign that its investments in store remodels and delivery services are paying off.
div > div.group > p:first-child"> Here's what analysts are expecting, based on average estimates compiled by Refinitiv:
Big-box retailers Target and Walmart, for the most part, have been immune to the same sales slumps that other companies are facing. Walmart grew its e-commerce sales a whopping 43 percent during the fourth quarter. To stay competitive, Target's been investing in rolling out more in-house brands. It will soon launch three new lingerie and sleepwear brands to rival Victoria's Secret. It continues to ink deals with popular fashion lines to collaborate on exclusive merchandise to be sold in Target stores; its latest is with Vineyard Vines.
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