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Target Warns Sales May Have Dropped In December

AP   |  ELLEN SIMON   |   December 25, 2007 08:36 PM

Read More: Holiday Sales, Holiday Sales Reports, Target, Target Corp, Target Stores, Breaking Business News
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Early holiday sales reports are weak, with Target Corp., the nation's No.2 retailer, warning that its sales may have fallen in December.

A broad gauge of consumer spending released by MasterCard Inc., which includes estimates for spending by cash and checks, showed a modest 2.4 percent increase in holiday spending, excluding gasoline and auto sales.

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