American shoppers are brushing off higher gas prices and finally spending money at Target again.

Target Corp. has quietly emerged as one of this year’s hottest retail stocks, outperforming many staples and big-box peers. The rally has also raised the bar headin…

Target, which embarked on a turnaround plan under its new CEO earlier this year, reported the biggest increase for a widely watched measure of quarterly sales in four years.

The company says new collaborations with labels like Roller Rabbit resonated with shoppers