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submitted 9 months ago by MicroWave@lemmy.world to c/news@lemmy.world

Target CEO Brian Cornell says shoppers are pulling back, even on groceries, as they feel stressed about their budgets.

In an interview with CNBC’s Becky Quick that aired Thursday morning, he emphasized that the retailer has posted seven consecutive quarters of declining sales of discretionary items, such as apparel and toys, in terms of both dollars and units.

“But even in food and beverage categories, over the last few quarters, the units, the number of items they’re buying, has been declining,” he said in the interview.

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[-] BURN@lemmy.world 44 points 9 months ago

People just aren’t buying from Target

Among my peers (early/mid 20s to early 30s) everyone explicitly avoids grocery shopping at target because it’s so much more expensive than other big box retailers. Target is for the occasional home decor items or household items, but very rarely food in my experience.

[-] afraid_of_zombies@lemmy.world 10 points 9 months ago

The only thing I have noticed is that every piece of men's clothing I have bought from them has worked out for me. It didn't die quickly or have some weird defect. I tend to shop there for clothing for that reason.

[-] CADmonkey@lemmy.world 3 points 9 months ago

The last time I went to target it sort of skeeved me out. I bought two bookshelves, and once I paid there were two employees that seemed to want to get really close and follow my wife and I out the door. So I paid for something and probably ended up in their database as a shoplifter.

[-] iheartneopets@lemm.ee 3 points 9 months ago

Are you sure they weren't just waiting to see if you needed help lifting the bookshelves into your car?

[-] CADmonkey@lemmy.world 0 points 9 months ago

If they were doing that, they could use their word-noises like adult human beings.

And they didn't help, so your comment doesn't make sense.

[-] iheartneopets@lemm.ee 0 points 9 months ago

Not always, friend. Being a human/communication is hard. It's also entirely likely that they had walkies in and their manager was telling them to keep an eye out for you in case you did need an employee nearby to ask for help. I think your original comment assuming conspiratorial malice instead of just much-more-common awkwardness is the comment that doesn't make sense.

[-] ZzyzxRoad@sh.itjust.works 1 points 9 months ago

Yes, I have the same experience there. It's ridiculous. I rarely go there anymore because of that, and everything being expensive.

[-] iheartneopets@lemm.ee 1 points 9 months ago* (last edited 9 months ago)

Edit: sorry, this comment was meant for someone else! Lemmy tacked it under yours for some reason.

[-] Dkarma@lemmy.world 0 points 9 months ago

Yep it's getting skeevy. I think Target is the next Kmart.

[-] EmpathicVagrant@lemmy.world 1 points 9 months ago

I go there to window shop and never ever buy anything. I visit around this time of year because I know less people will be there and I can have peace - just never buy there. Now they get traffic and not a purchase, whoopsie.

this post was submitted on 03 Nov 2023
526 points (98.3% liked)

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