Target Grabs Sales From Rivals Amid Pandemic – The Wall Street Journal

Target Corp. said sales rose steadily in its most recent quarter, as demand for household goods and home office supplies continued to grow during the pandemic, while shopping shifted online.

Comparable sales, those from stores or digital channels operating for at least 12 months, increased 20.7% in the quarter ended Oct. 31, as more shoppers came to stores, spent more during each visit and online sales soared. Digital comparable sales grew more than twofold during the quarter, the company said.

Target…