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re: I'm caught in the Target death spiral.

Posted on 7/18/23 at 4:06 pm to
Posted by ned nederlander
Member since Dec 2012
4330 posts
Posted on 7/18/23 at 4:06 pm to
Target is one of my rare moments of street walking brilliance.

Went to the target in the clearview mall last spring looking for some new bathing suits for the kids and a few odd household items.

Store was an absolute dump. Felt like a rummage store. This was second bad experience in a target store in a few months.

Went home and shorted the stock.

But I do think target is in trouble. I trust wal mart and I trust amazon. Every other everything retailer - good luck to you.
Posted by Shamoan
Member since Feb 2019
9335 posts
Posted on 7/18/23 at 4:26 pm to
on top of the social issues, its losing roughly 1 % of profit in theft. $1,300,000,000.00 thats a lot of zeros
Posted by Drizzt
Cimmeria
Member since Aug 2013
12956 posts
Posted on 7/18/23 at 5:04 pm to
Don’t buy woke companies like Target. Ticking time bomb until they do something stupid.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48894 posts
Posted on 7/18/23 at 5:50 pm to
quote:

I’ve done worse.
It happens.
Road Colonial Bank to 0.

Yeah my worst buy ever went bankrupt and to $0
Posted by member12
Bob's Country Bunker
Member since May 2008
32127 posts
Posted on 7/18/23 at 6:06 pm to
quote:

This has to be my worst buy ever.


Honestly....you are lucky if this is your worst buy ever.
Posted by member12
Bob's Country Bunker
Member since May 2008
32127 posts
Posted on 7/18/23 at 6:12 pm to
quote:


Went to the target in the clearview mall last spring looking for some new bathing suits for the kids and a few odd household items.

Store was an absolute dump. Felt like a rummage store. This was second bad experience in a target store in a few months.


I ordered a lamp for delivery from Target about 8 months back. They literally threw a lamp in a box and shipped it with no padding or foam. Just a lamp in an unmarked containerboard box. I returned it because it was smashed to bits during shipping. They promptly shipped another lamp in a box (no foam padding, no manufacturer container, etc.) and it also arrived broken in about 50 pieces. Tried a third time....and guess what, the same thing happened. Just took the refund then and ordered one from somewhere else.

3 lamps, 3 boxes, and 3 shipping labels only to refund the price entirely.

Anecdotal, but they seem to be struggling with e-commerce in ways that Wal Mart isn't. That's a red flag for me in what was late 2022.
Posted by STLhog
Nashville, TN
Member since Jan 2015
17729 posts
Posted on 7/18/23 at 7:51 pm to
Go Woke. Go Broke.

It's science
Posted by FreddieMac
Baton Rouge
Member since Jun 2010
21129 posts
Posted on 7/18/23 at 8:38 pm to
Ben and Jerry's is the latest, they have lost 2billion in cap since thr 4th.

Silent majority said enough of this shite...
Posted by HighlyFavoredTiger
TexLaArk
Member since Jun 2018
881 posts
Posted on 7/18/23 at 8:48 pm to
Did Ben And Jerry’s ever give back the land which belonged to American Indians that they now own?
The strongly suggested everyone else should.
Posted by FreddieMac
Baton Rouge
Member since Jun 2010
21129 posts
Posted on 7/18/23 at 8:52 pm to
quote:

Did Ben And Jerry’s ever give back the land which belonged to American Indians that they now own?


No they meant your land not their land. How do people not understand this simple fact?
Posted by ned nederlander
Member since Dec 2012
4330 posts
Posted on 7/18/23 at 9:33 pm to
quote:

Honestly....you are lucky if this is your worst buy ever.


Seriously - I bought first republic bank after it’s big initial drop because of course a top 20 bank isnt going to go poof over some online hysteria.
Posted by Teddy Ballgame
Member since Jul 2023
19 posts
Posted on 7/18/23 at 10:25 pm to
Could be worse.

Somewhere out there someone is still holding the AT&T that they bought for $42 in 1999.
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