Wednesday, April 11, 2007

Target March same-store sales up, April to slip

(Reuters) - CHICAGO, April 11 - Discount retailer Target Corp. said on Wednesday that sales at its stores open at least a year rose 12 percent in March, in line with its expectations, and that April same-store sales should fall 2 percent to 4 percent, due to the earlier timing of Easter.

Easter fell on April 8 this year compared with April 16 last year, so sales of Easter-related items came largely during the company's March sales period, which ended on April 7.


Read more at Reuters.com Market News

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