The entrance of a Target store in Ellicott City, Md., on March 24, 2024. Madalina Vasiliu/The Epoch Times
Retail giant Target on Nov. 19 reported a drop in third-quarter sales amid slowing consumer traffic and said it will invest $1 billion next year to fuel growth.
The Minneapolis-based general merchandise retailer, which runs nearly 2,000 stores across the United States, said its sales for the three months ending Nov. 1 dropped to $25.3 billion, down about 1.5 percent from last year.
