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Target's CEO warns of massive costs due to tariffs, emphasizing that price increases are a last resort. As the trade war ...
Trump tells Walmart to ‘eat’ higher costs brought on by his trade approach as terms like ‘tariffs,’ ‘uncertainty’ and ...
Walmart said it would raise prices to deal with tariffs even as it maintained its full-year forecast. Target slashed its ...
Retailers have been treading carefully around the question of price increases and import taxes since Trump slammed Walmart last weekend.
Target’s was already facing a very public revolt from some of its most loyal customers. Now it’s warning about tariffs.
The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they ...
Major chains are fighting two battles at once: a financial battle to keep costs low in the face of new tariffs, and a political one to avoid the president's wrath.
The mass retailer lowered its guidance for the full year, announced the departure of multiple executives and launched a new ...
Target’s CEO Brian Cornell said on Wednesday that hiking prices on customers due to President Trump’s tariff agenda would be ...
Target didn’t offer specifics on tariffs’ impact on prices, but said that it was looking at different ways to offset those costs. “We look at competition,” Cornell told reporters.