Target Cuts Bonuses for Salaried Employees to 75% This Year

Target Corp. is trimming bonuses for salaried employees for a second consecutive year as weaker sales and profit weigh on its operations.

Staffers are set to receive 75% of their eligible 2025 bonuses, said people familiar with the matter, who declined to be named discussing internal matters. That’s lower than the 87% of target that workers received one year ago.

This year’s payout caps a rough 2025 that was hurt by weak sales, fast-changing tariffs and backlash to changes in diversity policies. The Minneapolis-based company is seeking to reverse a three-year sales slump by sharpening focus on style, shopping ...