Americans use their $1,200 stimulus checks to splurge at Walmart, Target

Americans use their $1,200 stimulus checks to splurge at Walmart, Target

Millions of Americans used their $1,200 relief checks to buy everything from video games to sewing machines even as the country struggles with record job losses, providing a fillip to sales of major retailers. Walmart and Target Corp noted in their earnings call that quarterly comparable sales, which rose about 10%, got a major boost from increased demand for non-essentials end of last month.

Kathy
Kathy
FourAncientWhiteElephants
FourAncientWhiteElephants 1 weeks

Ever notice how corporate giants are somehow immune to the business shutdown?

Enrico
Enrico 1 weeks

C’mon, really? Moskow Mitch did the investigation?

Matt
Matt 1 weeks

But we can't reopen the country and allow people to go to the small businesses that are left instead

bostonboy
bostonboy 1 weeks

That’s right Americans, go buy disposable Chinese goods from monsters like Walmart.

fish
fish 1 weeks

Bought mostly toilet paper though...

avecplus
avecplus 1 weeks

And are we surprised, what do you think they would buy?! food...pffff!

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