Target CEO sounds alarm on customer behavior
The retail giant is struggling to combat an alarming trend in its stores.
Target (TGT) continues to feel the impact of several consumer frustrations, which recently contributed to weaker sales. Amid this startling trend, the retailer has conjured up a plan to win back customers.
In Target’s first-quarter earnings report for 2025, it revealed that while its comparable digital sales increased by 4.7% year-over-year, its comparable store sales decreased by 3.8%.
