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.
But we are cool, though. We are sending 100 billion to Ukraine, Israel and Taiwan. We can manage with a $100 for groceries for the whole month, but how will poor Israel be able to murder children if we stop funding them???
Edit: glad to know that I’m being downvoted by those who support Israel murdering civilians and children in Palestine. Please keep the downvotes coming. Fucking unbelievable. Downvotes don’t mean shit on Lemmy, but it’s good to see people’s true colors.
That 100 billion never leaves North Virginia.