Thread regarding Target Corp. layoffs

Target anticipating a recession

"Illustrating this pumping of the brakes, shares of Target dropped 15% Wednesday, as the retailer slashed its outlook for the fourth quarter to account for less spending from shoppers amid higher rates and a downbeat economic sentiment."

https://www.businessinsider.com/recession-prediction-economy-fed-inflation-jpmorgan-hard-landing-interest-rates-2022-11

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| 1762 views | | 1 reply (November 18, 2022)
Post ID: @OP+1jLQBdKs

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Maybe now major retailers will drop those outrageous prices that they jacked up in the last 6 months. Some retailers tripled prices on items they already had in stock. As a shopper, I say no to that nonsense.

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Post ID: @okb+1jLQBdKs

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