Target just blew the doors off its first quarter earnings. Target CEO Brian Cornell says it was due to these two key factors.

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Target reported outstanding results for the first quarter of 2020.  Online sales soared by 141% and demand for same-day services, like buy online pick up in-store, grew by 278%. Target CEO Brian Cornell said the retailer’s salient performance was owed to two factors: Using Target retail stores as miniature fulfillment centers and a focused, hardworking team of employees. Visit Business Insider’s homepage for more stories.

Target is seeing unprecedented boosts to its business, specifically online.

In its quarterly earnings announcement on Wednesday, the retailer reported that online sales soared by 141% during Q1 versus the year before

Read more    Source: businessinsider.com

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