Target Circle – Charm

Navigating Growth Amidst Consumer Caution

Operating Income Growth: 6.7% growth through the first three quarters of the year. Traffic Growth: Increased by 2.4% in the third quarter. Comparable Sales: Increased by 0.3% in the third quarter. Digital Sales Growth: Nearly 11% growth in the third quarter. Same-Day Delivery Growth: Nearly 20% growth powered by Target Circle 360. Drive-Up Sales: Accounted…

Target CEO Says Consumer Budgets Are Being ‘Stretched’

Cs news1 day ago1 day ago06 mins

As economic uncertainty and rising costs continue to impact consumers, shoppers are more cautious with their spending, according to Target CEO Brian Cornell. Faced with a volatile financial landscape, many are making deliberate purchasing decisions, prioritizing essentials and seeking value. “Consumers tell us their budgets are being stretched,” Cornell said Wednesday (Nov. 20) during the…