Super Sales Saturday

Image: Target

(Reuters) – Target Corp (TGT.N) said on Friday that it lowered prices on thousands of items, from cereal to baby formula, further hurting retail stocks already pressured by Kroger Co’s (KR.N) disappointing quarterly results spurred by price cuts.

Target, which vowed earlier in the year to aggressively clamp down on prices to compete with rivals Wal-Mart Stores Inc (WMT.N) and Amazon.com (AMZN.O), said it had spent months reassessing the prices of everyday items such as milk, eggs, razors and bath tissue.

The retailer, which said it would continue to offer discounts on some products in addition to the price-cuts, added that it had also eliminated more than two-thirds of its price and offer call-outs.

The retailer’s shares were down as much as 4.7 percent in midday trading on Friday, in-line with a slump among retail stocks after Kroger reported price cuts hurting its bottom line.

@ REUTERS

About Den

Always in search of interesting things to post. Armed with knowledge and dangerous with the ladies.
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15 Responses to Super Sales Saturday

  1. Micki says:

    Amazon will prevail, come hell or high water.

    Like

  2. Den says:

    The thing everyone forgets about FL is that it is comprised of sand, nothing but sand, which washes away easily. This will be the mess of the Century. I am disappointed it will not do a direct hit on Mar Lago.

    Like

  3. Carol ٩(-̮̮̃-̃)۶ says:

    I so hoped for the direct hit on Mar-a-Lago. Loved the memes going around to do with that place. One said, I’ll turn in my Atheist card if it takes out Mar-a-Lago. Paraphrasing, that’s not quite how it was worded but I’m in a hurry and don’t have the time to look for it.

    Missed a few days here again, time sure gets away from me these days.

    Had a chimney guy out to fix my oil furnace chimney in the basement, hopefully he cured the ability for the soot to fall out and pile up on the floor and blow around the basement. There are black footprints on the concrete all around that area, going down to start my wash and I’ll try to mop that mess up.

    Then I have to mow. Haven’t had to in two weeks, but it look a little rough and I like the lawns neat.

    I’ll come back later tonight.

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  4. Micki says:

    As the Appalachian Mountains eroded, sand and clay were deposited over Florida’s limestone layer. Much of the quartz sand covering the state today came from the rocks of that mountain chain.

    Throughout most of its history, Florida has been under water.

    Portions of the Florida peninsula have been above or below sea level at least four times….is the fifth time on its waaaaaaaaaaay?

    As glaciers of ice in the north expanded and melted, the Florida peninsula emerged and submerged.

    When the sea level was lowest, the land area of Florida was much larger than it is now. The sea level was as much as 100 feet lower than at present. Florida’s west coastline was probably 100 miles further out. As the climate warmed, the glaciers melted. This raised the sea level and flooded the Florida peninsula. The sea level stood at least 100 to 150 feet above the present level.

    Florida probably consisted of islands.

    End. Of. Story. For. This. Era.

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    • David B. Benson says:

      During Last Glacial Maximum the sea stand was about 125 meters lower than now. Since the sea level has been rising ever since I seriously doubt that Florida was under 30 meters of water at anytime in the last 130,000 years or so.

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      • Micki says:

        Who said it was in the last 130,000 years or so? Not me. You seem to be making assumptions. Or being oblique. Or a smarty pants?

        I could include the little smiley face, but I won’t…really…!

        Like

  5. David B. Benson says:

    Sped up to the Hillside Cafe in just 12 minutes for soup and sandwich. Sorority UOTD seems to be short shorts; I don’t mind. Visibility much improved.

    Like

  6. Den says:

    The 70’s, Disco and Pinto:

    Like

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