Target cuts profit expectations as retailers are squeezed by soaring inflation

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var _bp = _bp||[]; _bp.push({ "div": "Brid_54620256", "obj": {"id":"27789","width":"16","height":"9","video":"1027584"} }); ","_id":"00000181-3f0d-dfdd-a99b-bfbf90910000","_type":"2f5a8339-a89a-3738-9cd2-3ddf0c8da574"}”>Video EmbedTarget said Tuesday it is slashing prices on certain items and predicting worse short-term profits as inflation makes shopping less affordable for consumers.

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