Target Loses And Costco Wins In Web Traffic On Feb. 28 Economic Blackout Day
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On Feb. 28, during the 'Economic Blackout' called by the People's Union, Target experienced a decline in web traffic compared to mid-February, while Costco saw a 22% increase in visitors.
March 03, 2025 | 6:00 pm
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POSITIVE IMPACT
Costco saw a 22% increase in web traffic on Feb. 28 during the 'Economic Blackout,' suggesting a positive impact on online sales.
The increase in web traffic for Costco suggests a boost in online sales, which could positively impact short-term revenue and stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Target experienced a decline in web traffic on Feb. 28 during the 'Economic Blackout,' which could indicate a short-term negative impact on online sales.
The decline in web traffic suggests a potential decrease in online sales for Target, which could negatively impact short-term revenue and stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80