Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Target sees biggest sales jump in 15 years, but profits take a big hit

 

Jim Mone – Associated Press

Shoppers visit the downtown Target Store in Minneapolis.

Target had its largest increase in sales in 15 years as millions of Americans turned to the Minneapolis-based retailer to buy essential items - often online - as COVID-19 took hold in the U.S.

However, profits were down as customers' buying habits changed during the pandemic, dramatically shifting several times in the past few months.

https://www.startribune.com/target-sees-biggest-sales-jump-in-15-years-but-profits-take-a-big-hit/570619672/


 

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