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Target stumbles as tariffs hit earnings and sales fall amid DEI backlash
Target now expects a “low single-digit [percentage] decline” in sales for the fiscal year; it previously forecast 1 percent growth.
Target cuts annual forecasts as tariff pressure mounts, demand slows further
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 Cuts Sales Forecast on Shopper Pullback, Tariff Hit
Target Corp. cut its sales forecast following a sharp pullback in spending and a hit from tariffs, boycotts and consumer confidence.
Target responds to tariff uncertainty.
We’re constantly adjusting pricing,” Target CEO Brian Cornell said during an earnings call on Wednesday, as reported by CNBC. “Some are going up, some will be reduced, but that’s an ongoing effort that takes place each and every day.
Target Stock Drops After Retailer Flags Waning Consumer Confidence
A handful of retailers, including Walmart, have so far announced plans to raise prices because of tariffs. On Wednesday, Target said it aims to keep [price rises as small as possible](
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Rayner Warns UK’s Target of 1.5 Million New Homes Is a Stretch
UK Deputy Prime Minister Angela Rayner gave a rousing speech at the UKREiiF property conference in Leeds, with her promise to “get Britain building again” drawing rapturous applause from the developers gathered at the annual event.
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