This is really a choice by the retailer to liquidate over stocks that they have on hand. It sounds like target has come to the conclusion that they want to try to just get it off their books quickly. Whether you know, whether other retailers are going to be in a similar circumstance is really coming down to the type of retailer and what their individual strategy is dictating. You know, we saw really mixed results through earning cycle that we just went through with regard to different types of retailers flourishing or struggling in the current economic environment. And i think that that general overarching trend is something that wee going to be continuing to see as we head into te latter, latter half of this year.
Daron Acemoglu, Professor of Economics at MIT, explains how automation has impacted workers at the Port of Los Angeles. Bloomberg Businessweek Editor Joel Weber and Businessweek Features Editor Max Chafkin share the details of Max's Businessweek Magazine story Sheryl Sandberg Entrenched Facebook, Google Ad Dominance. Bloomberg Intelligence Senior Retail Staples & Packaged Food Analyst Jennifer Bartashus talks about Target shares sinking after the retailer cut its profit outlook for the second time in three weeks. And we Drive to the Close with Eric Clark, Portfolio Manager at Rational Dynamic Brands Fund.
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