Target's Trading Volume Drops 20.98% Ranking 98th Amid Cost-Cutting Measures

On March 25, 2025, Target's trading volume was $724 million, a 20.98% decrease from the previous day, ranking 98th in the day's stock market. Target's stock price fell by 2.72%.

Target has announced that it will reduce bonuses for salaried employees due to weak consumer spending and inflationary pressures. This decision follows the company's March earnings report, in which it issued a cautious outlook, citing ongoing consumer uncertainty and concerns over the economic environment. The move is part of a broader strategy to manage costs in response to challenging market conditions.

Target's decision to reduce employee bonuses comes amid a pullback in its diversity, equity, and inclusion (DEI) initiatives. The company has faced criticism for its DEI efforts, which some argue have not yielded the desired results. Additionally, tariff threats have added to the company's challenges, further impacting its sales and profitability. The combination of these factors has led Target to take a more conservative approach to its financial management, prioritizing cost-cutting measures over employee compensation.