Why Target is losing out against competitors Walmart and Costco

1. Target faces backlash over diversity initiative rollbacks and stiff competition. 2. Higher consumer spending at Costco and Walmart impacts Target's market share. 3. Operational issues like excess inventory contribute to Target's flat performance. 4. Target's missteps since COVID-19 led to significant market share loss. 5. Competitors, including Costco, gained market share at Target's expense.