like mobile payments and forward order methods are done mainstreama major retailer is using an old-school form of payment.
Beginning July 15, Target will no longer accept personal checks as a form of in-store payment.
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A company spokesman said NBC Chicago that the decision was made based on “extremely low volumes” of personal checks being used and added that customers have been notified of the change through “several measures”.
Target accepts cash, credit cards, debit cards, digital payments including Apple Pay, buy-now-pay-later services and Target store district cards.
The chain also announced on Monday that is running two one-time offers: 20% for college students and 20% for faculty.
The target did not immediately respond of the entrepreneur request for comment.
The retailer it was difficult Q1 2024 after reporting $24.53 billion in revenue, down 3% from the same period last year. It was the first time the company missed analysts' revenue expectations since November 2022.
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“Looking forward, our team will provide our guests with lower prices, a seasonally appropriate variety, convenience and comfort as we continue to invest in our strategy and efficiency initiatives to return to growth and to meet our long-term financial objectives.” CEO Brian Cornell said in a RELEASE in that time.
The aim it was upstairs up 12.5% year over year as of Monday afternoon.