Insights for 5-22-20

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Right now, we know that consumers are living differently. They’re shopping differently. They’re adapting to the new environment, so it’s really a time of uncertainty and it’s why we’re making sure we’re as flexible as possible. …. There’s going to be a premium on creating a safe, sanitized shopping environment.

Target chief executive officer Brian Cornell, in comments this week after the retailer reported that its same-store sales rose 10.8 percent in the first quarter, but the gains came with the cost of higher wages, store-cleaning charges and other expenses related to the pandemic, as reported by CNBC.