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Target to hire approximately 200 new team members with Baltimore store opening
MINNEAPOLIS — Target announced plans to open a new store in Baltimore by October 2013. The retail giant has said approximately 200 new team members will be hired for the new location, part of the Canton Crossing Shopping Center on Boston Street.
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Target comps tumble 1% in November
A worse than expected 1% decline in November same store sales indicates the holiday season is off to a slow start at Target. The 1% decline was substantially worse than the low single digit increase the company forecast at the start of the month when it reported a 2.4% increase for October that was toward the low end of guidance.
The November weakness suggests traffic trends may be deteriorating at Target, as the company blamed the decline on a decrease in comparable store transactions following that metric’s flat performance in October.