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Target Faces Third Straight Sales Decline As Value-Focused Shoppers Cut Back

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Benzinga

6 Views • Nov 19, 2025

Description

Target posted weaker Q3 sales and cut its full-year outlook as customers focused on value. Comparable sales fell for a third straight quarter, and traffic declined, prompting the incoming CEO to push merchandising upgrades, store improvements, and new AI tools to revive growth.