Target Stock Plunge Wipes $25 Billion As Inflation Squeezes Customers And Sends Costs Soaring—Spurring ‘Dramatic’ Earnings Shortfall

Shares of Target collapsed Wednesday after the brick-and-mortar retailer posted disappointing first-quarter earnings spurred by unexpectedly high costs that offset rising sales—spelling more trouble for the broader retail industry just one day after competitor Walmart posted its own stock-market plunge....

In a morning email, Adam Crisafulli called Target’s shortfall more “dramatic” than Walmart’s worse-than-expected, which pushed the stock down 11% on Tuesday, adding there are “clearly” industry-wide problems as food and gas inflation draw spending away from discretionary merchandise and force “aggressive” discounting to clear out products.

Could it because of woke shit they got into? What’s up with those ugly models pictures in Target? Fat, big belly .. Who are they inspiring with those.

Prices way too high

Hard to buy... when we stuck paying outrageous amounts of rent and our wage doesn't move.

Guess supporting democrat ideals and campaigns ISNT lucrative in the corporate world?

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