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Target should eventually return to growth, though the stock is likely to be dead money until the company can deliver some positive numbers. At this point, that's unlikely to come until at least next year.
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,
Walmart said it would raise prices to deal with tariffs even as it maintained its full-year forecast. Target slashed its annual outlook and chose not to raise prices.
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Black church leaders plan to boycott Target on the anniversary of George Floyd's death. Here's why and whether boycotts have worked.
Target workers are anxious about job security and heavy workloads following disappointing earnings. Sales fell to $23.85 billion।
Target slashed its annual sales forecast on Wednesday, after a surprisingly sharp fall in quarterly same-store sales, as customers pulled back on discretionary purchases due to ongoing worries about inflation and the economy due to U.
Target reports 7% sales decline after rolling back DEI initiatives, facing community boycotts and advocacy group protests over diversity program cuts.
Target (TGT) continues to feel the impact of several consumer frustrations, which recently contributed to weaker sales. Amid this startling trend, the retailer has conjured up a plan to win back customers.