ST Alpha - "Brick n motar stores are lowering prices on over stocked inventory of all the stuff we were buying at the start of the pandemic " (Reading a Post)

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Brick n motar stores are lowering prices on over stocked inventory of all the stuff we were buying at the start of the pandemic

Posted by zeitgeist Jun 22 '22, 19:20

Casual clothes, home accessories and small appliances

Responses:

If interested: "Target expects squeezed profits from aggressive plan to get rid of unwanted inventory" -- (link) - MDH Jun 22, 19:27 5
- Only hinted at here, it's more the big tickety/home furnishy type stuff because housing frenzy hiccup. Or so I read -- nm - con_carne Jun 22, 19:50 4
  - "the company’s stores & website are seeing strong traffic and a very resilient customer, but one who no longer shops popular Covid pandemic category" -- nm - MDH Jun 22, 19:55 3
    - "Gap, for instance, said customers want party dresses and office clothes instead of the many fleece hoodies and active clothes the company has." -- nm - MDH Jun 22, 19:55 2
      - Point? The COVID and fashion things were going to change anyway. Not news -- nm - con_carne Jun 22, 20:04 1
        
        My point was to show zeit a business article related to his statement I thought he'd enjoy. This is literally business news. -- nm - MDH Jun 22, 20:07

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