Target doubles growth forecast, but cites caution as consumers remain stretched
- Posted on May 20, 2026
- By Business News Today
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- 1 min read
Target doubles growth forecast, but cites caution as consumers remain stretched
The $59-billion retailer has muddled through three straight years of declining revenue as cost-conscious shoppers moved to cheaper options. Its merchandise also failed to attract higher-income consumers looking for nice-to-have apparel and home decor.
