You can now read 10 articles a month for free. Read as much as you want anywhere and anytime for just 99¢.

Market Movers

Retail report takes toll on Target shares

Target will soon report on its December sales.

Associated Press

Target will soon report on its December sales.

Continue reading below

Holiday sales growth appeared to slow as gridlock in Washington soured consumers’ moods and Hurricane Sandy disrupted shopping, MasterCard Advisors SpendingPulse said. Last month, retailers from Macy’s to Target posted same-store sales that trailed analysts’ estimates. The SpendingPulse data is the first major snapshot of holiday sales. A clearer picture will emerge in the coming week as retailers such as Macy’s and Target report monthly sales.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week