💨 Abstract

Target, a major retail company, is facing declining sales and financial challenges. In the last quarter, sales dropped by 3.8%, driven by customer backlash over the company's rollback of its diversity, equity, and inclusion (DEI) programs. Additionally, the company is grappling with increased costs due to new tariffs imposed by the president. Target has lowered its financial outlook, predicting slight sales declines for the year.

Courtesy: WTOP Staff