Target Lowers Sales Outlook Amid Tariff and DEI Issues
Target has adjusted its sales outlook downward, citing tariff uncertainty and backlash from its recent rollback on Diversity, Equity, and Inclusion initiatives as contributing factors. The retailer reported that it missed first-quarter sales estimates, prompting the decision to establish a new office aimed at accelerating its turnaround efforts. This strategic move indicates Target's commitment to addressing challenges and improving its market performance amidst a fluctuating retail environment.
