Target's CEO warns of massive costs due to tariffs, emphasizing that price increases are a last resort. As the trade war impacts consumer confidence and sales, Target explores alternative strategies to mitigate tariff effects without burdening customers.

Trump tells Walmart to ‘eat’ higher costs brought on by his trade approach as terms like ‘tariffs,’ ‘uncertainty’ and ‘recession’ are coming up more frequently in company earnings calls.

Target’s was already facing a very public revolt from some of its most loyal customers. Now it’s warning about tariffs.

The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they will slip for all of 2025 year as its customers, worried over the impact of tariffs and the economy, pull back on spending.

Retailers have been treading carefully around the question of price increases and import taxes since Trump slammed Walmart last weekend.

Trump recently lashed out at Walmart for signaling it would increase prices to offset the impact of his tariffs. Yet unlike Walmart and other competitors, Target has seen traffic to its stores ...

Wall Street futures headed lower after a major U.S. retailer blamed its grim forecast on tariff concerns and oil prices rose.

The mass retailer lowered its guidance for the full year, announced the departure of multiple executives and launched a new strategic office in an effort to combat sales declines.