Target March same-store sales rise

Discount retailer Target Corp. said Wednesday its same-store sales grew 12 percent in March, helped by the earlier Easter holiday. Results were in line with Target's expectations for 11 percent to 13 percent growth.

Same-store sales, or sales at stores open at least a year, are a key measure of retailer performance, because they measure growth at existing stores rather than from newly opened locations.

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- Posted: 2007-04-11 10:08:37

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