Target just sent up a giant red flag about the U.S. consumer

https://qz.com/tgt-wmt-earnings-may-21-consumer-signals-1851781659

Not just a recession but a stagflation looks likely in the future.

74 points · 10 comments · view on lemmy.world

10 Comments

thallamabond@lemmy.world · 85 pts · 1y (4 replies)

Well I don't doubt tariffs and inflation are having an effect here. Let's not forget Target abandoned their DEI goals and programs.

https://www.pbs.org/newshour/politics/target-says-it-is-ending-its-dei-goals-and-programs-citing-an-evolving-external-landscape

Costco did not, they doubled down. There quarterly earnings will be reported on the 29th of May.

Postmortal_Pop@lemmy.world · 24 pts · 1y

Got myself a costco membership specifically because of their recent position in the news. In the process of getting the card and official entering the store I had 3 different people stop me to complement my invader zim shirt. I've never felt so welcome before.

hydrashok@sh.itjust.works · 22 pts · 1y

Last order was 2/9/25. I was a multi-day-per-week shopper at Target. Fuck them, I hope they burn.

some_guy@lemmy.sdf.org · 18 pts · 1y (1 reply)

Yeah, Target doesn't get any money from me anymore. I have a Trans Pride flag in my office window. We're incompatible.

hydrashok@sh.itjust.works · 6 pts · 1y

Right on. Have a child who I thought Target supported, too. They’ll never get another dime from me without a multi-year binding effort and only after they’ve demonstrated their commitment for multiple years.

Trust is hard earned and easily lost. One would think a company headquartered in the same area as the George Floyd murder and a vocal sponsor of Minneapolis Pride would have a fucking backbone.

Fuck you, Target.

RangerJosey@lemmy.ml · 19 pts · 1y (1 reply)

This happens every time. You'd think these people could spot a trend.

TheCriticalMember@aussie.zone · 5 pts · 1y

Pffft, I'll bet even some democrats still believe Republicans are better at managing the economy.

reddig33@lemmy.world · 11 pts · 1y

How is the Target CEO not fired yet?

some_guy@lemmy.sdf.org · 11 pts · 1y

Gosh, maybe insane trade wars are bad.

RedditIsDeddit@lemmy.world · 3 pts · 1y
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PalimpsestNavigator@midwest.social · 1 pts · 1y