Target was once seen as an upscale version of Walmart. They rode on that idea and never improved even when stores started to become more Walmart-like.
Walmart went in the opposite direction and started to cater to more upscale buyers. They basically took Target’s audience. In my home town, the neighborhood Walmart is nicer than our Target.
Target rode on their image of being "the cooler, cleaner version of Walmart" without actually improving the shopping experience at all. And I mean this before all the DEI back and forth. Walmart has been busting ass to provide a better shopping experience ever since COVID while Target did nothing but create a membership that doesn't actually provide any benefits.
Then you factor in the back and forth DEI/LGBTQ+ stuff. It's a textbook example of why smart businesses just stay out of the political arenas entirely.
Then finally, the logistics side of actually putting product on shelves. I feel like this needs no explanation. The value prop of spending 2-5% more on the exact same products at Target over Walmart is just non-existent anymore.
No matter what happens tonight, Bers and Bols, together, we rode the tides of dankness till the very end together. Not as foes, but as friends. ONWARDS, TO THE NVDA ER AND VALHALLA
NBIS is a winner. Been holding since $28. Rode up to 50 down to 17 up to 144 down to 80 up to current price. Hella ride but i expect it to go back up in due time
My great great grandfather rode a horse. My great grandfather drove a car. My grandfather drove a car. My father drove a nice car. I can’t afford a horse.
Bought a lot of 🌽 at 25k in 2023. Rode it through every level up until today and I just sold. I refuse to ride it back down to those levels, but this is probably just a bottom signal