this post was submitted on 03 Nov 2023
525 points (98.3% liked)

News

23376 readers
2119 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 95 points 1 year ago (2 children)

Shoppers are quiet quitting. Nobody wants to shop anymore

[–] [email protected] 16 points 1 year ago (1 children)

Watching shoe company gouge CHILDREN by marketing and selling them running shoes for 500 dollars kinda turned me off from ever wanting to give those companies money ever again.

[–] [email protected] 8 points 1 year ago (1 children)

Barefoot running is it then.

Kidding aside, kids do need good shoes, but they'll also need new shoes every 6 months or more, so $500 is definitely out of the question for most parents.

It must be a signal product or something. Quite frankly I don't mind those, because it only steals money from dumb rich people. If I were to start a business that'd be my segment too. It's easier to find 10 customers willing to pay a $1000 for a bag of shit than it is to find 1000 customers willing to pay $10 for the same bag of shit.

[–] [email protected] 7 points 1 year ago (1 children)

Quite frankly I don’t mind those, because it only steals money from dumb rich people

Oh no I think you'll find that most of the people that are targeted by this type of predatory marketing are not rich, some are, but most are just taking money away from other essentials to try and get that thing that the multi-million dollar marketing campaign told them they must have

[–] [email protected] 5 points 1 year ago

You're right. Most customers for those kinds of products are only pretending to be rich. The suburban BMW/Audi segment. Actual rich people don't buy those things.

[–] [email protected] 7 points 1 year ago (1 children)

I grocery shop with the app now. It costs $100/yr including delivery. I don't have to step foot in the store and I can track my spending to the dollar so I've saved more than the app costs just by avoiding impulse purchases.

If I don't like the produce they send, I reject it at the door and they replace it.

It's pretty sweet for us and is saving a bunch of time and money.