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Target Just Slashed Its Annual Sales Forecast. Here’s How It ‘Lost Its Way’
Target slashed its annual sales forecast on Wednesday, after a surprisingly sharp fall in quarterly same-store sales, as customers pulled back on discretionary purchases due to ongoing worries about inflation and the economy due to U.S. President Donald Trump’s trade war.
The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they ...
Target and Amazon - in mind. Rival Reckitt on Wednesday posted a decline in sales volumes in Europe and North America, while Kleenex tissue maker Kimberly-Clark cut its annual profit forecast ...
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