Target Looks to Sell Apple Products

[Stocks-to-Watch]

Target (TGT) is considering selling Apple (AAPL) products inside its own stores, a plan that could jumpstart the retailer’s moribund electronics sales. The company has not released details on the plan, but is telling reporters that it expects to test out Apple mini-stores at 25 locations.

In December, target posted disappointing same-store sales, and was hurt in particular by weak electronics sales.

Target shares rose 1.2% in afternoon trading.



Original Article Source by Barrons.com