The pandemic has dealt a crushing blow to countless retailers, but for behemoths like Amazon, Walmart and Target it has brought outsized profits. Target said it expects to open 27 new stores between now and the end of the year, part of a rosy second quarter earnings report it released Wednesday. The big-box retailer’s net income soared to $1.69 billion April through June, an 80 percent jump year-over-year, the company said. Revenue also spiked to
source https://therealdeal.com/2020/08/19/target-will-open-27-new-stores-as-q2-sales-soar/
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