Target mentioned that their sales of personal consumption items, boosted in the past few months. Their results also showed that at the core, their competitor Wal-Mart is pretty disheveled about the rising gas prices and inflation rate.

On top of that, Wal-Mart has been earning most of its revenue through the international market because the U.S sales percentile has dropped significantly due to poor economy. Target, on the other hand is saying that their consumers get attracted to them because of their feasible price structure.

The fiscal year and monthly analysis reports show that Target’s profit rose to $671 million (90 cents per share) in the first quarter that ended on May 1. The $671 million figure was much more than the $522 million amount that Target managed to scoop in the previous year.

Now here’s a funny little fact that might amuse you for a while;

- Some consumers are saying that Target has been fabricating its figures, just to inflict a sense of false pretence on its clients. The situation at Target is in fact, as much worse as Wal-Mart. Almost 1000 employees were laid off by Target, then again — their prices got increased (instead of decreasing), and still, Target has been openly boasting about increased profits. Now that’s something that I like to call, “The Green Shots” and believe me, IF target has been playing with figures, its not going to do them any good.

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