Target can't keep up with its customers' changing shopping habits - Quartz
5/18/2022 12:00:00 AM3 years 9 months ago
by Nicolás Rivero, Tiffany Ap
by Nicolás Rivero, Tiffany Ap
US shoppers have cut spending on home goods like kitchen appliances and TVs, leaving retailers like Target with excess inventory they can't sell and don't have room to store.
Target wasnt ready for how quickly its US customers would change their shopping habits in 2022. Earlier in the pandemic, locked-down Americans flush with cash from government stimulus checks investe… [+3648 chars]
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