The Atlantis Report: Target Just Announced they’re in Trouble, the Recession is here

The Atlantis Report shares news about the retail industry grappling with significant economic challenges in recent times, as consumers face high inflation and growing economic uncertainty. This grim reality was highlighted in Target’s latest earnings report, revealing concerning trends that have sent ripples through the entire industry. As one of America’s leading retailers, with its iconic bull’s-eye logo displayed in nearly 2,000 stores across the nation, Target’s struggles serve as a stark warning of the challenges faced by consumers, investors, and policymakers alike. Target’s financial report unveiled a decline in both sales and profits, with same-store sales falling by 5.1%…