But across the retail industry, intimate apparel continues to be among the list of pandemic winners.
Select Journelle bras, sleepwear and lingerie can now be found at target.com.
Comparable traffic grew 4.5 percent during the quarter, while digital sales surged 155 percent.
Target’s minimum wage will soon be $15 an hour, while Juneteenth becomes a company holiday.
Ceo Brian Cornell told the annual shareholders meeting that the retailer will seek to bring more people of color into its business.
The mass retailer is using stores as delivery hubs to lower costs.
Mass retailer gained market share in multiple categories.
Retailers are benefiting from the strong economy and are starting to reap returns on multiyear investments.
The Minneapolis-based mass merchant bested fourth-quarter metrics.
The acquisition could prove to be a watershed moment for the Minneapolis-based retailer.