Target, sales
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Target is shaking up its leadership team. The retailer continues to experience lagging sales and foot traffic, due in part to consumer pushback following a pullback on some of its DEI initiatives. Michael Fiddelke,
Sales at Target fell more than expected in the first quarter and the retailer warned they will slip this year as consumers, worried over the impact of tariffs, pull back on spending.
President Donald Trump's tariffs are widening the gap between market-leader Walmart and Target, the companies' latest quarterly reports show, underscoring missteps at the smaller U.S. retailer amid economic uncertainty.
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Wall Street futures headed lower after a major U.S. retailer blamed its grim forecast on tariff concerns and oil prices rose.
Sales at Target fell more than expected in the first quarter and the retailer warned they will slip for all of 2025 year as its customers, worried over the impact of tariffs and the economy ...
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ToplineTarget on Wednesday lowered its full-year forecast for sales in 2025, as executives said consumers have spent less amid unpredictability surrounding tariffs, the latest company to flag concerns and cut projections,
Raising prices to cover the costs of President Donald Trump's tariffs will be Target's "very last resort," CEO Brian Cornell said.
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