Retailers grapple with changing economic landscape

Published



Major retailers have been forced to adjust as uncertainty and changes in consumer shopping habits are molded by the country’s soaring inflation and emergence from pandemic-era restrictions.

Target recently announced it is slashing prices on specific items and predicting worse short-term profits as inflation swirls and demand for various goods changes. That comes after the retailer reported lower-than-anticipated profits just weeks earlier.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.