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re: Target to cut prices on 5,000 products in bid to lure cash-strapped customers
Posted on 5/21/24 at 6:45 am to OysterPoBoy
Posted on 5/21/24 at 6:45 am to OysterPoBoy
quote:
That's just gonna piss people off thinking they were being gouged.
They kept raising prices until they got too high. Now they are backing them down.
They can stick their high priced woke bullshite up their arse.
Posted on 5/21/24 at 7:56 am to Sheep
quote:
But muh inflations
Inflation is why they’re cutting prices. Inventory levels rose and sales slowed due to inflation so the natural response is to lower prices to move inventory and generate revenue.
Posted on 5/21/24 at 8:05 am to RLDSC FAN
I've had it with retailers - including car dealerships - who took unfair advantage of the COVID bullshite to hike prices, even if their costs didn't increase. Srew 'em.
Posted on 5/21/24 at 9:10 am to thebigmuffaletta
quote:
Inflation is why they’re cutting prices. Inventory levels rose and sales slowed due to inflation so the natural response is to lower prices to move inventory and generate revenue.
Basic Supply and Demand eludes most people it seems.
Posted on 5/21/24 at 10:24 am to Klark Kent
quote:
excited for Target's PRIDE month celebration
No?
Posted on 5/21/24 at 10:29 am to Tempratt
quote:
They’re supposed to maximize profit for shareholders but this has been unreasonable.
And that’s the rub. The majority of their shares are held by major investment/asset management companies - Blackrock, Vanguard, and State Street. The leaders of those companies are the ones pushing that ESG/woke bullshite. Pretty sure if you looked at their personal finances/affairs, you would find out why they are really pushing it.
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