Target CEO to meet with Biden as the company — and White House — try to figure out U.S. consumers
Publishing timestamp: 2023-10-12 13:23:15
Summary
Target CEO Brian Cornell will meet with President Joe Biden along with other business leaders to discuss the economy and labor market. Target has been impacted by a tough economic backdrop and divisive political climate. The meeting comes at a pivotal moment for the retailer, which has recently announced store closures and cut its full-year forecast. Target has also faced backlash over its Pride month merchandise.
Sentiment: NEUTRAL
Keywords: international business machines corp, business, walmart inc, retail industry, business news, breaking news: business, joe biden, exelon corp, target corp,