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Target sees margin squeeze as it spends more to meet coronavirus-led demand

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Home Blogs > Business
Apr 23 '20 | By oiam2companyadmin | Views: 34 | Comments: 0

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Target Corp said on Thursday rising costs from trying to meet the fast-changing needs of consumers during the coronavirus crisis were set to hurt its first-quarter profit and margins, even as it recorded robust online sales during March and April.
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Source: https://www.reuters.com/article/us-health-coronavirus-target/target-sees-margin-squeeze-as-it-spends-more-to-meet-coronavirus-led-demand-idUSKCN2251M6?feedType=RSS&feedName=businessNews

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