Target’s quarterly sales fell for the first time in six years following Pride Month in 2023. “The strong reaction to this year’s Pride assortment” impacted sales, said Christina Hennington, Target’s ...
Target slashed its annual sales forecast on May 21, after a surprisingly sharp fall in quarterly same-store sales, as customers pulled back on discretionary purchases due to ongoing worries about ...
Target missed estimates and cut its guidance in its first-quarter earnings report. The business has struggled the past few years and faced several challenges. Management's efforts at a turnaround have ...
Target was one of corporate America’s most forceful supporters of diversity and inclusion initiatives and vowed to support Black Americans in the aftermath of George Floyd’s murder by police in Target ...