date:Jan 07, 2013
scounts than planned. Still, its 3.4 percent rise in December same-store sales topped forecasts.
Gap Inc's (GPS.N) December same-store sales topped expectations. The retailer also said it would buy women's luxury retailer Intermix.
Target's same-store sales were essentially flat, while analysts anticipated a 0.8 percent increase. Target said fourth-quarter earnings should meet or somewhat exceed the low end of its forecast, but the warning was not as dire as some may have anticipated, and its