Target’s first-quarter profit fell 16% amid weaker store traffic and continued losses in Canada. But as the retailer attempts to regain its footing following last year’s wide-scale data breach during the holiday season, it received some promising news.
According to a Bloomberg National Poll, only 7% of customers plan to reduce spending at the chain over the next year. The survey, conducted May 8-11, found that Target’s decision to replace its chief executive officer this month had little effect on consumers.
What’s....