Target CEO Says About the Economy: This is the best consumer environment ‘I’ve seen in my career’

 

JUST SAY THANK YOU PRESIDENT TRUMP AND THE DEPLORABLES WHO VOTED FOR HIM …

As reported at CNBC, Target CEO Brian Cornell raved about the state of the economy stating that this is the best consumer environment ‘I’ve seen in my career’. Target saw an unprecedented growth in same-store sales and foot traffic during the second quarter. But wait, I thought the internet was the destruction of bricks and mortar stores? The fact of the matter is that in a great economy, all succeed. Does that mean all, of course not. But when a President like Trump creates an environment conducive to business, stability and rids business of unnecessary regulations, look what is possible. It is no accident that this occurred while Donald Trump was in office and it would appear that the LEFT, Democrats and the liberal MSM all want this to go away. They want to be back in power and back to the old ways when the economy barely moved along.

Consumer spending is back and has never been better as far as Target CEO Brian Cornell is concerned.

“There’s no doubt that, like others, we’re currently benefiting from a very strong consumer environment — perhaps the strongest I’ve seen in my career,” Cornell told analysts on a call Wednesday.

The retailer’s shares are surging after reporting fiscal second-quarter results that beat on earnings, revenue and comparable store sales. Just when many investors have written off brick-and-mortar retailers in the era of Amazon, Target is seeing a huge jump in foot traffic.

“We’re seeing a great consumer response … unprecedented traffic. As we go back and look, we’ve never seen traffic growth like this,” Cornell said Wednesday morning on CNBC’s “Squawk Box.”

The big-box retailer also said digital sales skyrocketed more than 40 percent during the second quarter, as it’s been investing in adding more items to its website and adding more delivery options for online orders. Building on that momentum, Target raised its earnings outlook for the full year.

America, this is what Making America Great Again looks like … keep it going. But a word of warning, it will never look like it is today with a Democrat controlled Senate or House of Representative, Think about that come election day.



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