Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

How Target Captured $10 Billion of Market Share in 1 Year


Target (NYSE: TGT) calmed shareholders' worries in this week's earnings report, with mostly positive answers to concerns about sluggish growth or an approaching end to its incredible market-share run.

Rather than a reversal of that happy trend, the retailer posted another record period of demand as it won more business in booming niches like home furnishings and consumer electronics. Management is now feeling more bullish about 2021, too -- especially on the earnings front.

It can be hard to evaluate retailers' growth rates in these boom times. Companies from Walmart (NYSE: WMT) to Home Depot are notching fresh records as consumers spend aggressively on staples and discretionary products.

Continue reading


Source Fool.com

Like: 0
TGT
Share

Comments