Target(US:TGT) 智通财经网·2025-06-25 02:37Group 1 - Target is secretly testing a new logistics model that ships products directly from factories to consumers, aiming to reshape its supply chain for low-priced goods [1] - The testing phase focuses on non-food items such as clothing and home goods, but no specific timeline has been disclosed [1] - Target's stock has dropped 28% this year, contrasting sharply with the 3.6% increase in the S&P 500 index, indicating investor concerns [1] Group 2 - The traditional "warehouse-truck" delivery model is facing cost challenges, prompting Target to seek direct connections with production to reduce intermediary costs [1] - The uncertainty surrounding U.S. tax policies, particularly the potential cancellation of the "minimum tax exemption," poses a significant risk to cross-border shipping costs [1] - The consumer market is experiencing structural changes, with inflation leading to reduced spending on non-essential items like toys and clothing [2] - Target's recent quarterly sales fell short of market expectations, leading to a significant downward revision of its annual performance guidance [2] - To counteract declining sales, Target is accelerating product development cycles and attempting to create consumer interest through limited-time collaborations and holiday marketing [2] - Target faces competition not only from new cross-border e-commerce players like Temu and Shein but also from established domestic giants like Walmart and Amazon [2]