Target, DEI
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The retail giant Target continues to wander in troubled territory. In an earnings call today, CEO Brian Cornell told investors that the company has suffered declines in sales, partly because consumers are spending less on discretionary goods amid uncertainty over tariffs,
A boycott launched by Target shoppers unhappy with its DEI retreat has added to the retailer's sales headaches, prompting CEO Brian Cornell to announce sweeping changes Wednesday.
Target will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get back to growth. Here's what Wall Street is expecting for the discounter, according to a survey of analysts by LSEG:
Target is giving itself black eyes on its earnings day. The discount retailer badly missed Wall Street estimates for first quarter earnings on Tuesday morning and slashed its full
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’s manipulated silence toward the Black Press sends a powerful and troubling message to Black America—that our voices, platforms, and influence are expendable.
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." "The difficulty level has been incredibly high given the rates we're facing and the uncertainty about how these rates in different categories might evolve,