Target Lowers Sales Outlook Amid Tariff and DEI Issues
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Target Lowers Sales Outlook Amid Tariff and DEI Issues
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About this listen
Target is facing significant headwinds as it adjusts its sales outlook downward, influenced by ongoing tariff uncertainties and a backlash against its recent rollback on Diversity, Equity, and Inclusion initiatives. The retailer reported disappointing first-quarter sales, which has led to the establishment of a new office dedicated to accelerating its turnaround efforts. This strategic response underscores Target's aim to navigate the challenges of a fluctuating retail landscape while striving to regain consumer trust and improve market performance.
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