Target Corp. said sales and profit rose at the start of the year, as improvements to its stores, products and digital capabilities continued to attract more shoppers in the first quarter. The company said Wednesday that comparable sales rose 4.8% in the quarter ended May 4. Chief Executive Brian Cornell said Target is growing sales and traffic more quickly than the broader market, resulting in share gains. Digital sales rose 42% from a year ago, accounting for nearly half of the overall comparable-sales growth.

Source: Wall Street Journal May 22, 2019 11:12 UTC