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,

Target sales fell sharply in the three months to May 3, in a period marked by its decision to roll back DEI initiatives in January. Comparable sales fell by 3.8%, store traffic was down 2.4% and average transaction size decreased 1.

Target's press office did not respond to a request for comment. Target's net sales were down 2.8% compared with the first quarter of fiscal year 2024, according to the company's Q1 earnings report. Foot traffic, or the amount of people entering Target ...

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.S. President Donald Trump’s trade war.

Sales at Target fell sharply 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

Target's sales fell more than the Minneapolis-based retailer expected they would in the first quarter, and the company is warning they will slip for the rest of the year as shoppers limit spending.

Target cut its annual sales projections Wednesday. The company now expects a low-single digit decline for 2025 after projecting a 1% increase for sales in March. It also forecast annual per-share earnings of $7 to $9, excluding gains from legal settlements this year.

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