Target has terrible holiday and warns of awful 2017

[Darkwind]

Kings has shut down completely due to online sales.
And JC Penney is in big trouble.

The only stuff I've seen bought online is usually crap.
Internet sales people get away with murder basically.
You really can't see what you're buying online so retailers push the lower end stuff.
I never buy online.

Strange. I have never bought anything online that was not exactly as I expected it to be.

The only problem with online purchasing is that it takes several days for the item to get there.

Walk-in is faster.

But with the way things are going for K-Mart and Target, the days of walk-in's may soon be over and online may be all that is left.

I try to avoid a situation where I am forced to decide on a purchase within hours. I prefer to research things for the best bargain. Which is why I haven't run into any online purchases that did not live up to expectation.

 

[JoeB131]

Obviously sites like Amazon are hurting all brick and mortar businesses, but conservatives don't like Target.

Target has also seen an upswing in it's e-commerce business. It's the brick and mortar stores that are hurting.

This year, I bought 60% of my Christmas gifts on line. Last year it was only 20%.

That's why this is kind of a big deal.

 

[Manonthestreet]

6 down qtrs in a row