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Target Faces Financial Turmoil Amid DEI Backlash and Tariff Challenges

Target Faces Financial Turmoil Amid DEI Backlash and Tariff Challenges

BUSINESS - 5/21/2025

Target's financial outlook has taken a hit as the retailer reports disappointing earnings, grappling with tariff uncertainties and a backlash against its diversity policies. CEO Brian Cornell highlights the challenges posed by shifting consumer behavior and political pressures.

Target CEO Warns of Price Hikes Amid Tariff Turmoil

Target CEO Warns of Price Hikes Amid Tariff Turmoil

BUSINESS - 5/21/2025

Target's CEO Brian Cornell warns of potential price hikes due to tariffs, citing a challenging retail environment and declining consumer confidence. Sales dropped 2.8% last quarter, prompting concerns over future performance.

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