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Target’s leadership shuffle: Can a new strategy reverse sales slump and DEI backlash?

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,

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Target cuts sales outlook, cites DEI backlash and tariff uncertainty

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Target's sales are tumbling — and its DEI moves aren't helping

Retail Earnings Continue; Target Disappoints While Lowe’s Reaffirms Guidance

Stocks ended a six-day win streak on Tuesday. The S&P 500 and Nasdaq Composite both fell by 0.4%. The Dow Jones Industrial Average lost 0.3% and the Russell 2000 was unchanged.

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Target sales fall sharply in 1st quarter amid tariff concerns, boycotts

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Target Slashes Earnings Guidance As 1Q Results Disappoint

Target Is Latest Chain to Warn of Price Hikes Amid Tariff Uncertainty

Target is the latest retailer to reckon with the potential damages done to its business by President Donald Trump's tariff policies, and to warn of possible price hikes coming in the near future.

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Target’s retail woes make it prime activist bait

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Target Stock Drops After Retailer Flags Waning Consumer Confidence

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The Target boycott movement is impacting sales. More protests are around the corner.

Target said reactions to its DEI moves have adversely impacted sales, and protesters say they're not yet satisfied with the company's response.

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Target sales plummet amid tariffs, inflation and boycotts

Target sales plunged in the first quarter amid concerns about Trump's tariffs, inflation and backlash to its pull back on DEI

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Target’s problems are escalating

Target’s was already facing a very public revolt from some of its most loyal customers. Now it’s warning about tariffs.

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Is Target Boycott Working? What Sales Show

Target also cut its sales projections and expects a low-single-digit decline for 2025, the Associated Press reported. The company is also setting up a new office let by CFO Michael Fiddelke that is intended "to build more speed and agility into how we operate and position key capabilities to drive long-term profitable growth."

Target cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback

Target will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get back to growth. Here's what Wall Street is expecting for the discounter, according to a survey of analysts by LSEG: