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Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit

The retailer now expects net sales to decline by a low single digit this year, down from previous guidance for an increase of about 1 percent.
Target storefront
Target store | Source: Shutterstock (Shutterstock)

Target Corp. cut its sales forecast following a sharp pullback in spending and a hit from tariffs, boycotts and consumer confidence.

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