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Target says Q1 sales fell, warns they will slip for all of 2025
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.
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Target will only raise prices as a ‘last resort’ despite concerns over tariffs - Sales at Target fell sharply in the first ...
The Minneapolis-based retailer now expects net sales to fall by a low single-digit percentage, abandoning earlier hopes for a modest increase.
Target slashes its 2025 forecast after Q1 sales fell short. Tariffs, customer boycotts, and economic worries hurt traffic and discretionary spending.
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