BusinessAugust 21, 2023
Target's quarterly numbers fall
Target, the Minneapolis-based retailer with a store in Cape Girardeau, saw its comparable-store sales fall 5.4% in the three months ending July 29, Wall Street Journal reported. Backlash from Target's LGBTQ-themed Pride Month collection is believed by analysts to be at least part of the cause of falling revenue...
Target, the Minneapolis-based retailer with a store in Cape Girardeau, saw its comparable-store sales fall 5.4% in the three months ending July 29, Wall Street Journal reported.
Backlash from Target's LGBTQ-themed Pride Month collection is believed by analysts to be at least part of the cause of falling revenue.
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Retail rival TJX, owner of Marshalls and T.J. Maxx, saw a 6% revenue jump in the same quarter.
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