FACING HUGE INVENTORY, TARGET CUTS VENDOR ORDERS, PRICES
Jun 10, 2022
2 minutes
Target is canceling orders from suppliers, particularly for home goods and clothing, and it’s slashing prices further to clear out amassed inventory ahead of the critical fall and holiday shopping seasons.
The actions, announced Tuesday, come after a pronounced spending shift by Americans, from investments in their homes to money spent on experiences like travel and
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