Friday, May 19, 2023

Target Earnings Squeezed as Shoppers Stick to Basics

Target's getting hammered. Their grocery business takes just 3 percent of the share of total grocery sales in the U.S. And folks aren't shopping for the quasi-fashionable Target brand --- Tar-Jay. 

Maybe Target's the next Bed Bath & Beyond?

At WSJ, "Consumers cut back on nonessential items as sales come in flat; rise in theft cuts into profit."

0 comments: