Wednesday, August 28, 2019

To prevent customer loss, Target is absorbing the cost of tariffs. That means the stockholders will carry the burden.

Basically, Target cares about their customers and doesn't want volatility to effect corporate stability in the market place. Target will probably increase their customers because of this policy.

August 27, 2019
By Kate Davidson

One of the nation’s biggest retailers (click here) told its suppliers Tuesday they’ll have to bear the cost of President Trump’s trade war with China alone from now on.

In a letter dated August 27, obtained by OPB, Target informed businesses that fill its shelves that they – not the mega-retailer – will have to absorb the increased cost of material imported from China.

In essence, the company said, the buck stops here....