Black church leaders plan to boycott Target on the anniversary of George Floyd's death. Here's why and whether boycotts have worked.

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

Target should eventually return to growth, though the stock is likely to be dead money until the company can deliver some positive numbers. At this point, that's unlikely to come until at least next year.

Target now expects a “low single-digit [percentage] decline” in sales for the fiscal year; it previously forecast 1 percent growth.

Target slashed its annual sales forecast on Wednesday, after a surprisingly sharp fall in quarterly same-store sales, as customers pulled back on discretionary purchases due to ongoing worries about inflation and the economy due to U.

Looking ahead, Target slashed its full-year earnings guidance, taking it to a range of $7 to $9 per share from a prior outlook of $8.80 to $9.80. Meanwhile, it's now looking for sales to decline by low single digits after previously forecasting a modest increase.

Target (TGT) continues to feel the impact of several consumer frustrations, which recently contributed to weaker sales. Amid this startling trend, the retailer has conjured up a plan to win back customers.

Major U.S. retailers that make up many go-to shopping destinations are sharing the impacts of President Donald Trump's elevated import tariffs. Big name brands like Target, Home Depot, Mattel, Best Buy and others are releasing their quarterly earnings reports along with some warning that prices may be going up because of tariff hikes.