Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices. Here are some of the trends – and dead ends – that The Associated Press tracked in 2024.
Target is canceling orders from suppliers, particularly for home goods and clothing, and it’s slashing prices further to clear out amassed inventory ahead of the critical fall and holiday shopping seasons.
Target’s strong sales streak extended through a pandemic-shrouded holiday season after a hard push online and an increased effort to provide alternatives to customers who are trying to minimize risk.
Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic.
Target reported the largest quarterly sales growth, including an online sales spike, in its 58-year-history, the latest evidence that Americans are consolidating their trips to big box stores.
Online sales at Target more than doubled as the pandemic put millions in lockdown during the first quarter, revealing further the critical role big box stores played in getting supplies to an immobilized population.
Greater Hartford vacancies rose slightly in the past year as tenants including Farmington Bank, Payless ShoeSource and Subway vacated a total of 32 locations in the metro area.
In recent years, Target has been rolling out smaller stores for denser, more urban neighborhoods.
Connecticut has joined 46 other states and Washington D.C. in a $18.5 million settlement with Target Corp. to resolve the states’ investigation into the retail company’s 2013 data breach.
