TARGET SALES SURGE AS AMERICANS LEAN ON BIG BOX STORES
AppleMagazine|August 21, 2020
Target reported recorded-setting sales growth online and at established stores over the past three months, more evidence that big-box retailers have become essential points of supply during the pandemic.
Online sales surged 195% and same-store sales spiked 10.9%, second-quarter growth that is unprecedented in the company’s 58-year history.

Walmart, Home Depot and now Target have reported eye-popping sales over the past three months as Americans limit their supply runs to fewer stores and do more cooking and do-it-yourself projects at home.

The shift in behavior is reshaping the retail landscape at the expense of mall-based retailers and other stores forced to close this year. Many were struggling before the pandemic because of what Americans buy and where they buy it.

The pandemic has put those retailers in further in peril.

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