Target, Sales
Digest more
From top-tier groceries to stylish clothing and trendy home furnishings, it’s hard to shop at Target without coming home with, let’s admit, way more than you initially stepped foot inside the store for.
The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they will slip for all of 2025 year as its customers, worried over the impact of tariffs and the economy, pull back on spending.
1don MSN
Target’s was already facing a very public revolt from some of its most loyal customers. Now it’s warning about tariffs.
Target (NYSE:TGT) cut its full-year financial guidance after issuing a weaker-than-expected Q1 earnings report that reflected a significant decline in comparable store sales and market share losses to competitors.
Target is nixing price markups on Shipt same-day deliveries for Target Circle 360 members. The move should save shoppers about $20 per order.
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.
Target will be rolling out over 10,000 new products between now and August, with thousands under $20. The retailer will be hosting a week-long sum