Target extends store hours

Investor's Business Daily

More than half of Target's (TGT) 1,800 U.S. locations will stay open 1 to 2 hours later, according to WSJ. Before the change, stores had typically closed at 10 p.m. Monday through Saturday and at 9 p.m. on Sundays. The move is an attempt to drive traffic and reboot sales growth, which decreased 0.3% on a comparable-store basis in Q1. Shares rose 1.5% to 58.55.

View Comments (0)