The Trump Immigration Crackdown Effect: Hispanic Customers are Staying Home, Shopping Less

Hispanic consumers in the U.S. are shopping less, Target Corp.’s chief executive said at a technology conference in Aspen, Colo., on Tuesday.

 Target CEO Brian Cornell said the slowdown has been apparent for the past few months.

“There’s almost a cocooning factor,” he said. “They are staying at home. They are going out less often. Particularly around border towns in the United States, you’re seeing a change in behavior.”

Cornell said the falloff in shopping by Hispanics has hit retailers across the industry, citing data provided to Target by NPD Group Inc.

Trump's a dangerous clown.

-RW

(via MarketWatch)