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.

  • CADmonkey@lemmy.world
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    1 year 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
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      1 year ago

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

      • CADmonkey@lemmy.world
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        1 year 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
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          1 year 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
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      1 year 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
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        1 year ago

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