NEW YORK (AP) — Target’s sales and profits surged in the first quarter as its customers, emerging from the pandemic, returned in big numbers to its stores for dresses, cosmetics and luggage. Sales at stores opened at least a year jumped 18% in the three-month period that ended May 1. That follows a 6.9% increase in the previous quarter. Online sales soared 50% after rocketing 118% higher in the final quarter of 2020. The Minneapolis chain also offered an upbeat sales outlook Wednesday and shares jumped to an all-time high.
