NEW YORK — Uncommon weakness at its discount stores kept Target Corp.’s sales gains last week below their projected level for the month.

Minneapolis-based Target said that, for the month, the Target division expects a comp rise of 3 to 5 percent. Due to slower growth rates and the smaller size of the firm’s Marshall Field’s and Mervyn’s divisions, total corporate comps for the month should sag the firm’s bread-and-butter division by 1 to 1.5 percent.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus