The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they ...

Target slashes its 2025 forecast after Q1 sales fell short. Tariffs, customer boycotts, and economic worries hurt traffic and discretionary spending.

The Minneapolis-based retailer now expects net sales to fall by a low single-digit percentage, abandoning earlier hopes for a modest increase.

Target CEO Brian Cornell said Wednesday that raising prices to offset Trump-era tariffs would be a “last resort,” as the company reported weaker-than-expected first-quarter sales and lowered its ...

Target's sales have fallen through the start of 2025 amid President Donald Trump's sweeping tariffs, falling consumer ...