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May 22, 2015

Target is beating Wal-Mart in turnaround

  • Target aims to reinvent itself as a more nimble and innovative company and reclaim its reputation for cheap chic.
    • By ANNE D’INNOCENZIO
    AP Retail Writer

    NEW YORK — Target is beating Wal-Mart in the race to beef up sales.

    Target Corp. this week reported a nearly 52 percent surge in its first-quarter profit on strong sales of more profitable items like fashion and baby products, evidence that its efforts to turn around its business are paying off.


     
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