Target's comparable sales post the biggest jump in 4 years during the first quarter (opens in new tab)

Target, which embarked on a turnaround plan under its new CEO earlier this year, reported its largest jump in comparable sales in four years Wednesday. More customers buying in all six of Target’s main merchandising categories helped deliver the better-than-expected sales, the company said. Comparable sales — those coming from stores and digital channels operating for at least 12 months, rose 5.6% in the three-month period ended May 2.