Target Corp. (TGT) reported that its comparable-store sales for the month of January increased 0.5%, compared to a decrease of 3.3% in the prior year period. Net retail sales were $4.289 billion, an increase of 3.6% from $4.138 billion in the year ago period.
For the fourth quarter, comparable-store sales increased 0.6%, compared to a decrease of 5.9% last year. Sales for the quarter rose 3.7% to $19.72 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.