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Target suffers 10th consecutive week of foot traffic decline since caving on DEI

39 点作者 josefresco28 天前

5 条评论

jedberg28 天前
I feel like this is just correlation at best. How are other similar retail stores like WalMart doing? Or what about regionally? Is the drop bigger in more left-leaning areas? Is it actually up in right-leaning areas?<p>Is this just economic jitters or are they really getting punished for dropping DEI?
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tomjen328 天前
This seems a case of extracting a lot of information from very little data.<p>The economy is in a weird situation. The situation is extremely fluid. And people who can afford to buy groceries, partially with a subscription service, are also the kind of people who are less likely to be affected by the economy.<p>There you have it. There is an alternative explanation that fits the same data. In fact I&#x27;ll argue it fits a little bit better since the other chain&#x27;s foot traffic was up only 0.3 percent. If people had fled from Target, you&#x27;d expect this one to go up quite a bit more.
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everdrive28 天前
On the &quot;very-online right,&quot; there&#x27;s a lot of &quot;go woke, go broke,&quot; but there is generally not a lot of precision when it comes to actually measuring whether this is true. Certainly this has been true in some cases, but often overtly &quot;woke&quot; things are quite successful and popular.<p>The Bud Light controversy was interesting since the market for Bud Light seemed to be fairly cornered by the very people who were likely to dislike modern progressive and &quot;woke&quot; signaling. (ie, lower class and lower-to-middle class working class)<p>To the extent that the analysis from the article is correct, I wonder whether Target&#x27;s market significantly skewed liberal and progressive, and potentially they have offended their constituency.<p>As I noted above, I am a bit skeptical that the causation is so solid as people make out. In the past few years on the right, the analysis has often been very sloppy an ideological, even if some companies have seen legitimate pushback for political signaling.
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postalrat28 天前
No mention of the obvious walmart comparison.
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umvi28 天前
Does your average consumer actually care?<p>I&#x27;ve never met a single person that had a mindset of &quot;I need to pick up some stuff at Target... oh wait I just remembered they cancelled their internal DEI program, I&#x27;d better do some research and shop at a retailer that still has a DEI program instead&quot;<p>I guess I&#x27;m just not sure how the causality was determined. How do I know foot traffic isn&#x27;t decreasing because of Target&#x27;s prices compared to Costco&#x27;s prices?
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