New York (CNN Business) — Target reported lackluster sales during the critical holiday stretch, raising some concerns about whether the retailer can keep growing as it faces rising competition. But strong
• Target reported holiday sales Wednesday that missed Wall Street's expectations. The retailer also cut its fiscal fourth quarter 2019 same-store sales estimate.• Shares fell as much as 7% in early trading
Target Corp fell short of its own expectations for holiday season sales on Wednesday, reporting a drop off in online growth and demand for toys and electronics that sent a shiver through the wider U.S.
Manhattan's Upper East Side, one of the nation's most affluent neighborhoods, is also home to one of Target's newest smaller-stores which opened last fall. "We're moving into new neighborhoods. Those guests