Target holiday shopper traffic growth topped Walmart, Best Buy -data By Reuters

Target holiday shopper traffic growth topped Walmart, Best Buy -data By Reuters
Target holiday shopper traffic growth topped Walmart, Best Buy -data © Reuters. FILE PHOTO: Holiday shoppers look for deals at the Pentagon City Mall in Arlington, Virginia, U.S., November 29, 2019. REUTERS/Loren Elliott

By Richa Naidu

CHICAGO (Reuters) – Shopper foot traffic grew at Target (NYSE:) during the recent holiday season compared with two years earlier, while visits to both Walmart (NYSE:) and Best Buy stores fell overall, according to data provided exclusively to Reuters measuring shopper visits from Nov. 1 to Dec. 25.

The store data could provide early clues to help investors separate winners from losers after a holiday season marked by the coronavirus pandemic and inventory shortages arising from a supply chain logjam.

Shopper traffic at Target stores rose 6.2% through the holiday period compared with two years ago, pre-pandemic, according to Placer.ai, a research firm that collects anonymized location data from…

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