Target's consumers flocked to stores to stock up in late February and early March, before buying shifted online
Target Corp. said sales from stores weakened significantly in late March and early April, while online sales surged, squeezing profits as shoppers grew increasingly reluctant to venture outside amid the coronavirus pandemic.
Consumers flocked to stores to stock up in late February and early March, but traffic slowed considerably and buying shifted online through home delivery, store pickup and other services, said Target Chief Executive Brian Cornell on a call with reporters.
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