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

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.

Target warned sales will slip as consumers, worried over the impact of tariffs, pull back on spending. Target also faces boycotts over its reversals of some DEI efforts.

Target will only raise prices as a ‘last resort’ despite concerns over tariffs - Sales at Target fell sharply in the first ...

Target CEO Brian Cornell on Wednesday warned of "massive potential costs" due to tariffs, saying the company would raise prices as a "very last resort." ...