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Target (TGT) Warns of Full-Year Sales Decline After Discretionary Slump and DEI Backlash
The company reported a 2.4% decline in transactions and a 1.4% drop in average customer spending. While digital sales rose 4.7%, it wasn't enough to offset broader weakness in its core discretionary categories.
Target reports 7% sales decline after rolling back DEI initiatives, facing community boycotts and advocacy group protests ...
Sales at Target fell more than expected in the first quarter and the retailer warned they will slip this year as consumers, ...
Target (TGT 2.20%) has seen its stock price tumble approximately 30% year to date, underperforming the broader market by a ...
The retailer's CEO attributed the results to weakness in discretionary spending, declining consumer confidence, uncertainty ...
FOX 9 Minneapolis-St. Paul on MSN2d
Target's sales drop in Q1, and they may continue dropping all yearTarget's sales fell more than the Minneapolis-based retailer expected they would in the first quarter, and the company is ...
Target shares sank 7% Wednesday morning after the retail giant lowered its full-year sales projection following mixed ...
Minneapolis-based retailer put its chief operating officer, Michael Fiddelke, in charge of a new unit that will find ways to ...
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