Target Corp. reported same-store sales fell 6.1% in May. Total sales for the four weeks ended May 30 fell 2.3%to $4.46 billion.
The company says so far this year, same-store sales have fallen 4.2% while total sales have declined 0.2% to $18.8 billion.
“Sales for the month of May were somewhat below our expectations,” said
Gregg Steinhafel, chairman, president and chief executive officer of
Target Corporation.
