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The goal was to sell the sale during the first quarter of 2025.
The target is the most recent retailer to reckon with potential losses President Donald Trump’s tariff policiesand to keep aware of Possible price rides comes in the near future.
The company is one of the larger discount department store in the United States, He held a profit call on May 21 A slightly less perfect first quarter reported. The total sales for the target, last year in compared to the same time in 2025, 3% fell 3% in 2025. The number of transactions is less than 1.4% in store and online, 2.4% and customers.
CEO Brian Cornell, uncertainty around Trump’s tariffs is one of the reasons for the spending of customers, and the full impact of import taxes will not be felt a while, he said. It also consumer returns, capital and efforts, capital and entry efforts – as in accordance with a decree targeting such programs – as another reason.
Target General Commercial Officer Rick Gomez, the future price increase is only one of the choices that think about the company’s tariff blows. He stressed that this target is a “recent vehicle” option that can discuss new deals with vendors or change the item ordered by the product.
“There are many arm to use in reducing the effects of tariffs and the price is the last resort,” said Gomez.
During the recent call call Walmart warned the price increase Inevitable and can be performed by the summer in things like toys, technological and food. Trump regularly, in companies that accuse the tariffs to increase prices, especially after Amazon, will start listing the effects of tariffs after this rumor. After the Trump’s response, The company claimed that this was never a plan.
