Target Puts the Squeeze on Suppliers After Inventories Pile up

Posted on the 22 July 2022 by Phil's Stock World @philstockworld

NEW YORK, July 22 (Reuters) - Target (TGT.N) Chief Executive Officer Brian Cornell pledged in a June blog post that the retailer would take necessary actions to adapt to a post-pandemic landscape, paring a record $15.1 billion in unsold merchandise. Behind the scenes, Target's actions this summer ...

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