Your ignorance is predictableLiberalism is a DISEASE.
Target has lost $10 billion in market capitalization in ten days....
No, dude, that isn't what happened.largely due to the backlash over prominent LGBTQ+ PRIDE displays including transgender-friendly clothing items for children.
According to a report published Sunday by The New York Post
OMG NOOO!!!Kohls saw a rising number of #BOYCOTTKHOLS hashtags online after conservative commentators posted about how it was selling a Pride onesie for 3-month-old kids.
Target's stock peaked in October 2021. (It's still much higher than its pre-pandemic price.) Was that due to "wokeness?"The stock has reached a 52-week low!
RiiiightI don't care whether they are or not, what people are trying to tell progressives is that their sales pitch is getting a bit old.
Is that why The Little Mermaid dominated the box office this weekend? Why it was the 5th best Memorial Day Weekend launch for a film? The highest grossing film with a Black female lead?I don;t care whether the little mermaid is purple, MAKE LESS MOVIES that have to have wokeism in them, because people are sick of having a damn political message in their entertainment and everything they do. The market is oversaturated.
no I am saying you can only push society so far with your attempts at gaslighting before there is an inevitable distaste for your argument.So what your saying is one can only push the bigots so far before the bigotry starts overflowing?
Oh my goodness..... So you've been victimized by being forced to acknowledge trans folk exist.no I am saying you can only push society so far with your attempts at gaslighting before there is an inevitable distaste for your argument.
you want to know why people are having issues with what you are trying to sell? because your team won't STFU about it.
unfortunately, I believe you have only seen the tip of the iceberg.
Why would I? I'm not interested in the stock market in general. I think my husband has some for retirement, but my feelings are that stock markets and selling parts of companies up as stock is one the main reasons our country is so broken.
That doesn't at all matter though to this discussion. The fact is Target stock jumped up (like many similar retailers) during Covid and now is going to come back down. People are going to blame this, call it backlash for going woke, but in a month or 6 months or a year, it will equalize and likely head back up again because market forces don't work that way and people do forget.
no I am saying you can only push society so far with your attempts at gaslighting before there is an inevitable distaste for your argument.
you want to know why people are having issues with what you are trying to sell? because your team won't STFU about it.
unfortunately, I believe you have only seen the tip of the iceberg.
Do you know what your husband's investments are?LOL. "I think my husband has some for retirement."
Don't you think that is important to know?
We have other sources for retirement, including my pension for retiring from the military.LOL. "I think my husband has some for retirement."
Don't you think that is important to know?
Oh look someone trying to twist a story.Going broke....
Target set to post first quarterly revenue drop in six years as consumers cut spending
Target is expected to post its first quarterly drop in revenue in about six years when it reports results on Wednesday, as the big-box retailer reels from a shift in consumer spending away from discretionary goods to services.www.reuters.com
This has nothing to do with being woke. You should read the article before you post it.Going broke....
Target set to post first quarterly revenue drop in six years as consumers cut spending
Target is expected to post its first quarterly drop in revenue in about six years when it reports results on Wednesday, as the big-box retailer reels from a shift in consumer spending away from discretionary goods to services.www.reuters.com
Aug 14 (Reuters) - Target (TGT.N) is expected to post its first quarterly drop in revenue in about six years when it reports results on Wednesday, as the big-box retailer reels from a shift in consumer spending away from discretionary goods to services.
In recent months, consumers have been spending more on services such as travel and entertainment, while cutting down on non-essential purchases including clothing and home goods amid high inflation.
"Target is going to suffer more versus the others because they have a much larger consumer discretionary element to their business," Edward Jones analyst Brian Yarbrough said.
At least 16 analysts have cut their price targets on the retailer since the beginning of June as its merchandise is skewed towards discretionary items such as clothes, electronics and beauty products.
Oh look someone trying to twist a story.
This has nothing to do with being woke. You should read the article before you post it.
Target set to post first quarterly revenue drop in six years as consumers cut spending
Target is expected to post its first quarterly drop in revenue in about six years when it reports results on Wednesday, as the big-box retailer reels from a shift in consumer spending away from discretionary goods to services.www.reuters.com
That's not what your article says. Is capitalist Forbes also woke? Released 12/Aug/23. The drop in sales is industry wide.Considering the shitstorm Target voluntarily walked into, i seriously doubt that consumer spending cuts is what's spilling red ink all over Target's balance sheets.
When the National Retail Federation (NRF) puts out a release with the headline “Consumer Spending Is Slowing,” retailers better take notice. This message is a marked change since the trade association has been consistently upbeat about the retail industry despite the financial pressures shoppers are facing.
“There are ongoing economic challenges and questions, and the pace of consumer spending growth is becoming incrementally slower,” chief economist Jack Kleinhenz reported. He continued, “The current framework clearly increases the chance of a slower economy,” in reference to the Federal Reserve’s actions to control inflation.
Just last month, in the July Monthly Economic Review, Kleinhenz’s tone was predictably sanguine. “The year is half over and the economy is still moving in the right direction. While its rhythm, tone and pattern have slowed, it has not stalled, and recently revised data shows underlying strength that seems to be rolling forward.” The NRF did not respond to my request for comment. Reporting that year-over-year spending growth slowed to 1.6% in the second quarter, after rising 4.2% in the first, the NRF also noted that spending on services was the major growth driver, rather than goods bought at retail.
This is just more BS. There is no evidence that Target is specifically losing any money, profit due to the conservative temper tantrums.Considering the shitstorm Target voluntarily walked into, i seriously doubt that consumer spending cuts is what's spilling red ink all over Target's balance sheets.
Target becomes latest company to suffer backlash for LGBTQ+ support, pulls some Pride month clothing
Target is removing certain items from its stores and making other changes to its LGBTQ+ merchandise nationwide ahead of Pride month, after an intense backlash from some customers including violent confrontations with its workers. Target declined to confirm which items it was removing but among...apnews.com
Target is becoming the next Bud Light. I am going to short Target the stock. Again, go woke up and go broke down.
Americans will not tolerate the extreme political messages these large corporations are trying to make.
This is a warning shot to all retail stores, if you go woke, you will suffer. Workers will be confronted, customers will be angry and cause backlash.
CEOs and executives need to learn or they will suffer the consequences.
From your own link.Target shares jump more than 17% after retailer posts big earnings beat, even as sales fall again
Target is still catering to shoppers who are hungry for deals and aren't buying much more than the necessities.www.cnbc.com
“Plus, it has faced its own challenges. Targetgot blowback for a collection of merchandise for Pride month, a celebration of LGBTQ+ people and issues, that it has sold for more than a decade. It got hit by higher levels of organized retail crime. And it recently shuttered nine stores in major cities, blaming the closures on theft and threats of violence.”
So your citing thefts and threats of violence from transphobic far right zealots as something you approve of?From your own link.
You didn’t read it did you?
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