Target Slashes Sales Forecast Amid Tariffs and DEI Boycotts
Target’s first quarter sales fell short of expectations as the company struggles to regain momentum. The Minneapolis-based retailer now expects net sales to decline by a low single-digit percentage, reversing earlier hopes for a modest increase. Comparable sales dropped 3.8% in the quarter ended May 3, exceeding Wall Street’s forecasts and raising doubts about CEO … Read more