Target Profit Rises as Annual Revenue Crosses $100 Billion – The Wall Street Journal

After a two-year pandemic run that brought Target Corp. billions in sales, the retailer wants to keep growing by building more stores and e-commerce hubs and new lines of business.

Sales grew at the Minneapolis-based retailer in the most recent quarter, helped by stronger traffic in its stores through the holiday season and growth across its merchandise categories including food, apparel and home goods.

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