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Target’s Holiday Sales Surge Driven by Black Friday and Cyber Monday Success – But Profits Slump Due to Heavy Discounts
Target reported stronger-than-expected holiday sales, driven by record-breaking Black Friday and Cyber Monday performances, prompting an increase in its sales growth forecast for the holiday quarter ...
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Online holiday sales set record, driven by higher-income shoppers
Monday was the biggest day for online shopping, up 7.3 percent over last year to $13.3 billion. But there was also stronger growth on both Thanksgiving and Black Friday, when shoppers spent $6.1 ...