ST Alpha - "If interested: "Target expects squeezed profits from aggressive plan to get rid of unwanted inventory" -- (link)" (Reading a Post)

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In response to "Brick n motar stores are lowering prices on over stocked inventory of all the stuff we were buying at the start of the pandemic " by zeitgeist

If interested: "Target expects squeezed profits from aggressive plan to get rid of unwanted inventory" -- (link)

Posted by MDH Jun 22 '22, 19:27

(No message)

Linked. (www.cnbc.com)

Responses:

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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