Target’s comparable sales in the combined November to December period grew 17.2%, while digital sales grew 102% and sales were driven by a 4.3% increase in traffic.
The Camp Hill, Pa.-based retailer reported revenue of $6.12 billion, up 12% year over year, with net income of $4.3 million,\ compared with $52.3 million a year ago.
Dollar Tree reported net sales increased by 7.5% to $6.177 billion and same-store sales increased by 5.1%, as well as plans to renovate approximately 1,250 Family Dollar stores in 2021.