One Does Not Simply Become Walmart

The US consumer is "very healthy." That's according to Target CEO Brian Cornell, who spent Wednesday editorializing around what, if your benchmark is Wall Street forecasts, was a pretty rough quarter. There's some truth to the idea that companies don't "miss," analysts do. But to the extent pervasive worries around retail margins and concerns about the company's capacity to keep abreast of rapidly shifting consumer psychology were baked into estimates following last quarter's disappointing res

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2 thoughts on “One Does Not Simply Become Walmart

  1. I think it’s very relevant you cover Target, Walmart, Dollar Stores, etc…sad and telling that fewer and fewer people can afford to shop at Target while Bezos blasts himself into outer space…

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