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Target may raise prices due to tariffs, struggling to compete as Walmart better manages costs.
Target is facing potential price hikes to offset the impact of tariffs, though it emphasizes price increases are a "last resort."
The company is exploring other strategies like renegotiating with suppliers and changing production locations to manage costs.
Sales have declined, partly due to tariffs and customer reactions to the company's rollback of diversity programs.
This comes as Walmart has managed to mitigate tariff impacts more effectively, widening the financial gap between the two retailers.
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Target podría subir los precios debido a los aranceles, luchando por competir a medida que Walmart administra mejor los costos.