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Craze or Catalyst, Retail Rebranding, and Apocalypse FedNow 6/29/23

The Exchange

00:00

The Vulnerability of Target's Credit Card Data

We're continuing to worry about target our credit card data has continued to show some weakness over the last three weeks down double digits in our proprietary data. We think that that you know mid market approach that they've got really catering to a broad swath of Americans put them more at risk for their customer society shop over at Walmart. You know we also think this could continue to put pressure on best buy and big loss some other names where the customers are already avoiding those retailers to come right now.

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