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Target cutting prices to lower inventory as shares fall | Rush Hour
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Target executives recently announced the company is slashing prices to cut down on inventory, a move that will affect its bottom line in the coming fiscal year.
In an interview with the local Star Tribune, Michael Fiddelke, Target’s chief financial officer, said the Minneapolis-based company has been assessing the broader retail environment.
Rush Hour is a no fluff, no filler newscast hosted by Nichole Berlie that taps into a nationwide network of thousands of journalists to get you up-to-the-minute news from across the country.
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In an interview with the local Star Tribune, Michael Fiddelke, Target’s chief financial officer, said the Minneapolis-based company has been assessing the broader retail environment.
Rush Hour is a no fluff, no filler newscast hosted by Nichole Berlie that taps into a nationwide network of thousands of journalists to get you up-to-the-minute news from across the country.
NewsNation is your source for fact-based, unbiased news for all America.
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