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Target Is Latest Chain to Warn of Price Hikes Amid Tariff Uncertainty
CNET· 2025-05-21 19:49
Target reported that its sales fell during the first quarter of 2025. Spencer Platt/Getty ImagesTarget is the latest retailer to reckon with the potential damages done to its business by President Donald Trump's tariff policies, and to warn of possible price hikes coming in the near future.The company, one of the bigger discount department store chains in the US, held an earnings call on May 21 where it reported some less-than-stellar first quarter numbers. Overall sales for Target fell nearly 3% during th ...