Target, TJX Post Strong Sales, Say Plenty Is in Stock for Black Friday

Retail chains Target Corp. and TJX Cos. said they were able to sidestep supply-chain snarls to post strong sales in the most recent quarter and stock up with goods for Black Friday and the holiday season.

Strong consumer demand for everything from apparel to electronics to hardware is boosting sales at several of the biggest U.S. retailers, despite rising prices. Executives said this week they have been able to pull forward the inventory they need for the critical holiday season, though they have had to absorb higher wages and freight costs.

Source

Leave a Reply

Your email address will not be published.

scroll to top