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· 1dTarget (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.
The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they ...
Target shares sank 7% Wednesday morning after the retail giant lowered its full-year sales projection following mixed ...
FOX 9 Minneapolis-St. Paul on MSN1d
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 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 ...
Minneapolis-based retailer put its chief operating officer, Michael Fiddelke, in charge of a new unit that will find ways to ...
Black entrepreneurs ​who sell products through the retailer ​say sales ​have dropped due to the boycotts against​ Target’s ...
Target's digital growth and brand power are clear, but will cautious demand and macro pressure spoil its Q1 momentum?
CEO Brian Cornell said a number of factors led to a sharp sales decline in the first quarter, including a boycott led by ...
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