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.

  • @[email protected]
    link
    fedilink
    38 months ago

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

    • @[email protected]
      link
      fedilink
      08 months 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.

      • @[email protected]
        link
        fedilink
        08 months 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.