Target Sales Are on a Roller Coaster

The company’s stock dropped by more than 21 percent on Wednesday due to disappointing third-quarter sales.
Target Sales Are on a Roller Coaster
People walk past a Target store in New York City on June 6, 2023. Samira Bouaou/The Epoch Times
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News Analysis

Target sales have been volatile recently as the iconic retailer tries to regain its former glory.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”