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.

Source Fool.com