Target Earnings Squeezed by Slowdown in Sales

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Target shoppers cut back on nonessential items in the latest quarter

May 17, 2023 6:31 am ETAbout 75% of the U.S. population can find a Target store within a 10-mile radius.

WSJ’s Sarah Nassauer explains how the retailer leverages its physical stores to grow services like in-store pickup and same-day shipping. Photo Illustration: Ryan Trefessaid sales growth stalled and profits fell in the most recent quarter as shoppers continued to cut back on nonessential items and costs rose.Continue reading your article with

 

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