Target Corp, the leader holding the position at no. 2, has beaten the Wall Street expectations with an increase of 54% in the profit margin due to the increased demand for its apparel in the market. The company further outstretched its arms to gather more food items to bolster its traffic.

Considering the better than expected holiday spending, the company plans to expand its grocery sections as shoppers are adding non essential items to their carts as well.

Company reported increased net profit margin by $936 million from $609 a year earlier. Company sales recorded an inclination of 3.7% over the year.

Target plans to expand the business outside its dominant market, U. S. starting with small store formats and most likely to open its inaugural international stores in Canada, Mexico or Latin America by 2013.

For the year 2010 company expects net profit of $3.62 per share.