Behind the downgrade of performance outlook for American retail giant Target (TGT.US): tariff impact, weak consumption, and controversy over diversification.

Wisdom Finance App learned that the US retail giant Target Corporation (TGT.US) has lowered its sales forecast after a weak performance quarter - this large department store retailer's plan to regain growth has once again been frustrated. The retail giant now expects net sales to decrease by a low single-digit percentage this year, below the previous "approximately 1% growth" performance outlook guidance, mainly due to significant decreases in consumer spending, tariff-related consumer resistance, diversification, and consumer confidence being affected.