Target is cutting 1,800 jobs in major restructuring

Corporate Restructuring & Efficiency - Target is streamlining the organization to tighten things up and initiate change faster, involving approximately 1800 corporate jobs, including 800 unfilled positions [1] - The company identified bloat as an issue, a trend seen across industries post-pandemic [2][3] - Corporate headcount cuts are considered a normal course of business, with Walmart also announcing similar cuts earlier in the year [4] Holiday Season Outlook - Target's corporate restructuring won't impact client-facing operations, seasonal hires, or in-store employee numbers [5] - Retail success during the holiday season hinges on inventory availability, accurate product selection, and customer support/experience [6] - Most holiday goods orders were placed in January/February, with goods arriving in July/August, positioning companies well for the season [9] - Consumers are expected to seek value and spread out spending to avoid large credit card bills in January [10] Pricing & Tariffs - Retailers are prioritizing avoiding price increases, exploring options like negotiating with suppliers and sharing costs [11][12] - Lower order volumes and reduced expectations for quick refills impact supplier negotiations [12] - Certain product categories will inevitably be influenced by tariffs, leading to some price increases [11][12]