Post by schwartzie on May 23, 2023 17:19:39 GMT -5
Target Holds Emergency Meeting To Avoid Being Next Bud Light Amid Backlash To Tuck Friendly Bathing Suits
David Hawkins May 23, 2023 - 4:47 pm
Target held an emergency meeting amid growing backlash to displays that show “tuck-friendly” bathing suits that allow men to hide their genitals in a woman’s swimsuit. The displays are part of the company’s LGBTQ Pride initiative.
A Target insider said there were “emergency” calls on Friday and some managers and district senior directors were told to tamp down the Pride sections immediately to avoid becoming the next Bud Light.
“We were given 36 hours, told to take all of our Pride stuff, the entire section, and move it into a section that’s a third the size. From the front of the store to the back of the store, you can’t have anything on mannequins and no large signage,” the Target insider said.
“We call our customers ‘guests,’ there is outrage on their part.
“This year, it is just exponentially more than any other year.
“I think given the current situation with Bud Light, the company is terrified of a Bud Light situation.
“The call was super quick, it was 15 minutes.
“The first 10 minutes was about how to keep your team safe and not having to advocate for Target.
“The last five was, ‘Move this to the back, take down the mannequins and remove the signage.’
“It’s all under the guise of trying to increase swim sales.
“Everyone was like, ‘Thank God,’ because we’re all on the front lines dealing with it,” the insider said.
Post by schwartzie on May 25, 2023 14:25:26 GMT -5
Call their customer service line and tell them what you think of their demonic agenda: 800-440-0680.
Target loses $9B in week following boycott calls over LGBTQ-friendly kids clothing
Target's stock price and market capitalization have taken a beating since angry social media users called for a boycott of the retailer.
By Ariel Zilber
May 25, 2023 02:15 PM
Target has lost $9 billion in market value since angry social media users called for a boycott of the Minneapolis-based retailer over its rollout of the “PRIDE” collection featuring LGBTQ-friendly clothing for children.
A week ago Wednesday before the controversy erupted, Target’s stock closed at $160.96 a share, giving the big-box chain a market capitalization of $74.3 billion.
As of early trading on Thursday, however, shares of the company were trading off 1% at $141.76 — capping a weeklong tumble that has shrunk the “cheap chic” discount retailer’s value to $65.3 billion.
That amounts to a 12% drop that has shaved a whopping $9 billion off the company’s market capitalization.
Target said on Tuesday it was removing some items from its stores and making other changes to its LGBTQ+ merchandise nationwide ahead of Pride month after intense backlash from some customers who confronted workers and tipped over displays.
“Since introducing this year’s collection, we’ve experienced threats impacting our team members’ sense of safety and well-being while at work,” Target said in a statement on Tuesday.
“Given these volatile circumstances, we are making adjustments to our plans, including removing items that have been at the center of the most significant confrontational behavior.”
Target said that customers knocked down Pride displays at some stores, angrily approached workers and posted threatening videos on social media from inside the stores.
That was just days after Target CEO Brian Cornell had defended the LBGTQ-friendly merchandise, saying it was “the right thing for society.”
Target declined to specify Wednesday which items it was removing but among the ones that garnered the most attention were “tuck friendly” women’s swimsuits that allow trans women who have not had gender-affirming operations to conceal their private parts.
Designs by Abprallen, a London-based company that designs and sells occult- and satanic-themed LGBTQ+ clothing and accessories, have also created backlash.
The Pride merchandise has been on sale since early May. Pride month is held in June.
Target confirmed that it has moved its Pride merchandise from the front of the stores to the back in some Southern stores after confrontations and backlash from shoppers in those areas.
Target was also criticized for marketing rainbow-colored swimsuits to children.
Conservative commentator Tomi Lahren said on Tuesday that Target is about to see its business suffer in the same way that Bud Light did.
“I think that Target really soon is about to find out what happens when conservatives shop or rather don’t shop, because they are about to get Bud Light-ed,” Lahren told Fox News host Sean Hannity on Tuesday.
Bud Light has seen its sales drop for some six consecutive weeks — down 25% versus a year ago in the most recent week — since boycott calls erupted in response to its controversial marketing campaign with transgender social media influencer Dylan Mulvaney.
Post by schwartzie on May 27, 2023 16:35:13 GMT -5
You can see the TikToks at the link below.
Conservatives finally get the memo, turn TikTok into Target’s worst nightmare…
May 27, 2023
Target has put itself in an impossible spot similar to that of Bud Light due to the controversy surrounding their sexualization of kids through their pride-themed kids’ clothing. Many Americans are watching all of this unfold, completely confused, as successful US companies are throwing away half their customer base by prioritizing their support for the LGBTQ+ community.
Is this a cult?
They’ve gotten involved in something they can’t win. Read the room! When you get involved in any partisan issue you lose 50% of your constituency immediately.
♬ original sound – Mr. Wonderful
The backlash against Target has caused their stock to fall to the lowest point in three years.
According to Yahoo Finance, $TGT fell to $137.39 at 9:52 am Wednesday, a price it hadn’t hit since August 2020.
While the stock has rebounded in the hours since, it remains on a downward trend since backlash began.
The company has lost a reported $9 billion in the past week, according to CEO Brian Cornell.
Target reportedly held “emergency” calls with a number of managers and district senior directors earlier this week, instructing them to scale down stores’ displays of Pride-related merchandise.
Its decision to sell a selection of LGBTQ-themed clothing and accessories to children was slammed by many on the right, and as a result, the retail giant has sought to avoid a “Bud Light situation.”
It’s amazing to see the success of these conservative boycotts, starting with Bud Light. It’s definitely put the fear of Jesus in these satanic companies, but there’s an intriguing aspect to the Target boycott that many overlook. We’re realizing that conservatives can effectively utilize TikTok as a platform for protest. And in case you think we’re exaggerating, take a look at these numbers:
314.4 million views on TikTok as moms unite to protect their kids and boycott Target.’s perversion. Truly remarkable and immensely impactful.
The Boycott Target hashtag has over 35 million views on TikTok.
And in case you’re wondering, yes, moms on TikTok have a lot of power – over 219 billion views.
This is real power, and it’s high time conservatives embrace the potential of TikTok and use it to their advantage instead of just complaining about China from the sidelines.
Thanks to the conservative moms on TikTok there are now people making “rap” videos about Target going after kids and getting millions of views on Twitter.
And all of these efforts are paying off. Target is now removing merchandise after the TikTok mommy brigade successfully brought them down.
Target has pulled some of the most controversial items from its Pride collection in the face of a ‘Bud Light’ style boycott, but is doubling down on its commitment to LGBTQ causes and blaming ‘volatile’ complaints for its decision.
Over the last few weeks, the retail giant has been reviled by families – particularly mothers – for pushing transgender clothes, books and greeting cards in its stores.
Yesterday, amid outrage and confusion over a range of ‘tuck friendly’ female swimsuits, the company released a statement to insist the suits were only available in adult sizes.
Amid growing anger over the displays and concern about some of the designers featured, the company started having ’emergency calls’ to avoid a backlash as voracious as that which Bud Light faced for partnering with trans activist Dylan Mulvaney.
Darren Beattie remarked on the incredible power of MomTok yesterday in an interview with the great Charlie Kirk.
The “Silent Majority” is no longer silent and they are effectively utilizing a Chinese weapon to their advantage. This strategy is clever and provides an excellent blueprint as we continue fighting to protect our nation from these communist ghouls. Don’t be afraid of TikTok, use it as a weapon to bring down the left.
AP actually printed a story WITH PICTURES claiming Conservatives looted & trashed a Target store … then … the pictures were matched a Target looted and destroyed by BLM … AP then disappeared the story - DID NOT - apologize for their lies !!!
Post by schwartzie on May 30, 2023 15:40:13 GMT -5
Over $10 Billion Wiped from Target’s Value in Just Ten Days
Frank Bergman May 30, 2023 - 1:54 pm
American retail giant Target Corp has seen a staggering $10 billion wiped from its market capitalization amid widespread boycotts against the company.
Target has been met with a severe backlash after it tried to go “woke” by selling a range of transgender clothing for children.
Before the boycotts, Target’s stock price was hovering near $160.96 a share on May 17, according to a report from The New York Post.
However, viral videos and images have been spreading on social media showing transgender-friendly “tuck-friendly” and “binding” bathing suits for kids being promoted for sale in stores.
Target is also selling greeting cards celebrating “queerness” in a display clearly aimed at young children.
The news has led to calls for a boycott of Target.
Ten days later, after the final day of trading before Memorial Day weekend, the stock price had dropped to $138.93 per share.
A drop of $22 per share amounts to a 14% decrease in value – which translates to a $10 billion loss for the Minnesota-based company.
However, the stock value was hit hard when markets opened on Tuesday morning.
The value has continued to sink throughout today and is down another 3.3%, standing at $134.33 at the time of publishing.
The retailer’s prominent Pride displays, which include trans-themed baby clothes, quickly led to calls for a boycott of the company.
As Slay News reported earlier, Target immediately focused on damage control as the backlash started to spread.
Executives participated in an “emergency call” in an effort to avoid what one company insider referred to as a “Bud Light situation.”
The insider told Fox News that, at least in some areas across the country, “We were given 36 hours, told to take all of our Pride stuff, the entire section, and move it into a section that’s a third the size.
“From the front of the store to the back of the store, you can’t have anything on mannequins and no large signage.”
The “Bud Light situation” the insider referenced was the immediate backlash and plummeting sales that followed a short-lived partnership between the Anheuser-Busch signature product and transgender influencer Dylan Mulvaney.
In the weeks following Mulvaney’s promotion, Anheuser-Busch has lost billions in market capitalization and at least two marketing executives connected with the partnership have been placed on leave.
By late last week, Investors Business Daily was reporting that Anheuser-Busch had already lost upwards of $17.5 billion.
The company was resorting to offering to buy back unsold merchandise from retailers after it was left still sitting on shelves unsold.
Target VP Was Board Member for K-12 Transgender Advocacy Group
NEIL MUNRO 29 May 2023
Target’s shareholders lost $9 billion in stock market value because the C-suite mixed its professional duties with its personal agendas, including advocacy for transgenderism.
The poster boy for this high-risk policy is Target’s vice president for brand marketing, Carlos Saavedra. He moonlights as a board member of an advocacy group for K-12 transgenderism and gay status. The group, titled GLSEN, is an acronym chosen by the teachers who formed the Gay, Lesbian & Straight Education Network in 1990.
Target’s website says Saavedra “leads Target brand stewardship & campaign development for initiatives including Holiday, Back-to-School/College, Target Run, Discovery, Inclusive Marketing, and Digital & Social Engagement.”
That description portrays Saavedra as the retail version of Bud Light’s Alissa Heinerscheid, who wrecked the company’s Bug Light business by trying to rebrand the blue-collar beer around transgender advocate Dylan Mulvaney.
But Target’s managers collectively created their own disaster when they hired their deputies and placed pro-transgender and gay advocacy products in prominent displays at the front of the stores.
In response, the company’s core customers of married suburban moms have rationally mobilized against Target.
Take Pride, merchandise display, Target Store, Queens, New York. (Lindsey Nicholson/Education Images/Universal Images Group via Getty Images)
The mobilization is happening because many people feel increasingly alarmed by elite advocacy for transgenderism by the government, businesses, news media, and commercial entertainment. But the mobilization is also possible because the public now has social media networks that allow anti-elite boycotts to become a shared, profitable, affirming, and amusing middle-class mission.
Target says little about Saavedra, who may carefully segregate his day job at Target from his advocacy at GLSEN.
But Saavedra joined Target in July 2019 after working at PepsiCo for almost 18 years, where he led efforts to sell more products to Hispanics and other cultural subgroups. A 2005 article in SeaCoastOnline.com suggests Saavedra is also an advocate for sexual minorities:
CHICAGO — Carlos Saavedra came out to a colleague soon after he started working at Quaker Foods four years ago, reassured by seeing gay and lesbian employees climbing the ladder at the Chicago company.
“You can bring your whole self to work rather than seeming isolated and distant because you can’t talk about what you do outside work,” said the 25-year-old assistant marketing manager.
The first person he told at work was the former chair of EQUAL-Quaker, the company’s affinity group. Now he chairs that group as well as its umbrella organization, EQUAL-PepsiCo.
He works alongside Jennifer Breeden Okun, the senior vice president for design and packaging at Target. She touts her identity as a pro-transgender “She/Her” on LinkedIn, where she also displays the merged symbols of Target and gay advocacy.
But the pro-transgender advocacy is also coming from the top of the company.
WATCH: “FIGHT THE CIS-TEM”: Pride Merchandise Being Sold at Target Includes Coloring Books for Children:
(Video at link below)
Company CEO Brian Cornell is defending the company’s advocacy policies. They are “the right things for our business,” he told Fortune during a May 17 broadcast, when his company’s share price was $161:
We think about what’s right for our team [of employees], and what’s consistent with our culture. And Alan, when we do that, I think we make really good decisions, and we add value for our shareholders. That’s part of why we’ve seen explosive top line growth. So I think the facts are in the results for us, and the things we’ve done from a DEI [diversity, equity, and inclusion] standpoint — it’s adding value. It’s helping us drive sales. It’s building greater engagement with both our teams and our guests. And those are just the right things for our business today.
Nine days later, his stock price had crashed to $140 per share, so wiping out roughly $9 billion in shareholders’ wealth.
That crash will slash Cornell’s income — but the income loss will be cushioned as his pro-diversity, woke-university peers shower him with status-boosting awards:
LOS ANGELES, Feb. 2, 2023 /PRNewswire/ — UCLA Anderson School of Management on Wednesday honored Brian Cornell, Board Chairman and Chief Executive Officer of Target, with the 2022 John Wooden Global Leadership Award. The award was presented at a gala dinner at the Skirball Cultural Center in Los Angeles.
In 2022, Cornell was named the “Visionary” by the National Retail Federation, and Target received the top ranking on People Magazine’s 100 Companies that Care list. In recent years, CNN named him the Top CEO of the Year and Target ranked second on Fortune’s Best Big Companies to Work For.
Further up, the company’s board consists of top-level executives who are hired by Wall Street investors to oversee Cornell.
But those board members are hired and fired by the Wall Street investors who are also pushing pro-transgender politics.
Nationwide, Wall Street investors are pressuring companies to bulldoze civic norms in pursuit of more sales.
These investors are looking for profits. But they also use “diversity” as a political tool to fragment the mainstream conservative culture of middle-class voters and to champion “Rainbow Capitalism” cause of extracting profits from every hidden niche and unsavory nook of society.
In 2017, for example, Larry Fink, founder of the huge BlackRock investment firm on Wall Street, threatened CEOs who do not push the enforced diversity policy, dubbed ESG for “Environmental, Social, and Governance criteria.”
The woke pressure also comes from far below Saavedra and Cornell — from the stores’ replaceable employees who must be motivated by a mix of money and status within the company. A self-described “queer, trans target employee” touted the company’s “rainbow capitalism” and the company managers, saying:
Their bathrooms have been gender identity inclusive, and even when they faced backlash, they held firm. They ALWAYS have queer and gender inclusive greeting cards, merch, and items throughout the store. As an employee I have a name tag with my chosen name and pronouns on it.
Unfortunately for the company’s shareholders, the C-suite’s adventures in advocacy get little pushback from the media which rarely allows skeptics of transgenderism to get a word into the debate. Instead, the reporters side with Target’s executives and supporters by portraying the consumer protests as unhinged and dangerous, even though the vast majority of protestors are nice suburban moms:
For example, Monica Hesse, a Washington Post columnist, claimed that the protest is driven by Americans “throwing a tantrum whenever a mainstream brand markets its wares to LGBTQ+ people… [and by] bewildered citizens who would prefer not to encounter products, people or concepts that they are too wigged-out to understand.”
In reality, the products showcased by Target managers sought to push transgenderism, queer theory, and plain old gay and lesbian advocacy into children’s imaginations, diaries, and schools:
Target has a long history of political advocacy.
Cornell joined the company in 2014.
In 2015 Target funded a GLSEN documentary celebrating the group’s 25 years of advocacy. Since then, Target has contributed $2.1 million to GLSEN, according to a May 26 report in Fox News.
In 2016, Target caused a consumer boycott that chopped $3 billion off its stock market value when it declared that men would be allowed to use its women’s bathrooms and changing rooms.
In 2015, the company caused a furor by announcing it would stop putting toys for boys and girls in different aisles.
In 2016, the company launched a new line of Pillowfort “gender neutral” bedroom products for kids.
The company’s managers defended the political advocacy for transgender ideas. “Who are we to say what a child’s individual expression is?” Julie Guggemos, Target’s senior vice president of design and product development, told the Star Tribune newspaper when the Minnesota-based company introduced the Pillowfort products. “We really wanted to develop a [bedroom] collection that would be universal.”
In 2019, Guggemos was promoted to “Senior Vice President & Chief Design Officer.” She left the company in 2022.
Company leaders even OK’d the publication of an image that mashed together the gay rainbow with Target’s invaluable target symbol.
Target’s design professionals likely embraced the “gender neutral” pitch because they want to be “hipper-than-thou,” Glenn Stanton, an advocate at Focus on the Family Family told Breitbart News in 2016. “By using their employer to help the status of transgenders, they please their peers but at the cost of “seeking to solve a problem that doesn’t exist and ironically creating for themselves an infinitely larger problem with the client base — moms with young children,” he said.
Target’s CEO survived the $3 billion boycott loss in 2016. So he — and his board — are now dealing with a $9 billion loss caused by his deputies’ eagerness to please their peers by alienating their customers.
Meanwhile, Target’s consumers are switching their spending to other stores — and posting videos jeering at the company:
This article may contain statements that reflect the opinion of the author
(Natural News) Upset about the fact that millions of Americans still care about children and want to protect their innocence from being ravaged by LGBT perverts, retailer Target has reportedly vilified all who opposes this sick agenda as “extremists” in a new internal memo.
Entitled “Threat Overview,” the memo to Target employees and store associates states that “as political and social tensions rise ahead of the 2024 presidential election, Target will face a continued increase of physical security threats related to our commitments on contentious social issues including support of the LGBTQIA+ community and Pride Month.”
In case you somehow missed it, Target made headlines recently for promoting homosexual, queer, and transgender apparel for underage children and babies. The retailer also featured a “tuck-friendly” women’s bathing suit that can also be worn by transgender “women,” meaning biological males with mental delusions about being “female” and in the “wrong body.”
“Online campaigns and boycotts that emerge regarding Target’s Pride merchandise have potential to motivate extremists to violence,” Target’s corporate higher-ups further warned in the memo.
“Recent extremists focuses are: ‘sexualization’ of children, gender issues, and drag performances.”
(Related: Is California Gov. Gavin Newsom a pedophile? Because he sure is fuming over Target’s reluctant decision to pull certain LGBT-themed clothing items for underage children and babies from some of its stores.)
Target doesn’t believe that pushing LGBT perversion on children amounts to “sexualization”
The fact that whoever wrote this memo put the word “sexualization” in quotes just goes to show how those filled with LGBT pride perceive their assault on minors. To them, it is not assault at all, but rather “affirmation” that helps kids “live their truth.”
The memo does admit at the very end that Target has “not seen any indicators yet in 2023 that raise concerns of a unique risk to Target.” In other words, the contents of the memo are baseless, and meant simply to inflame and stoke the fires of conflict and division between those who care to protect children and their innocence and those who seek to destroy it with pride.
EXCLUSIVE: Target releases internal “Threat Overview” memo regarding boycott over the company’s LGBTQIA+ Pride collection.
In the week following the unveiling of its 2023 Pride Collection, Target saw its market cap plunge by $9 billion, with its stock falling to the lowest point in three years, hitting $137.39 a share.
“It’s a crazy day when people high up at @target think the ‘sexualization’ of children is an extremist position,” wrote someone on Twitter about how utterly ludicrous this all is.
“Believe them when they say that and boycott accordingly,” responded another.
“They redefined the word violence to mean any words heard or silence, not heard by them that they don’t like,” said someone else, emphasizing the fact that leftists often redefine words to mean things that they never traditionally meant, all to push their sinister agendas on unsuspecting others.
It cannot be ignored that Target said absolutely nothing about the actual violence and looting that occurred at hundreds of its stores following the George Floyd false flag operation. Many Target stores were ransacked, set ablaze, and left in ruin to “stop police violence,” but as far as we know there were never any internal memos like this that were circulated among company employees.
“Mind you, they closed 175 stores nationwide” because of this, someone else on Twitter pointed out.
Corporate America seems to be self-sabotaging itself by pushing unpopular and grotesque LGBT perversion of children and babies. To learn more, visit Collapse.news.
This article may contain statements that reflect the opinion of the author
(Natural News) The vast majority of Americans are not part of the “LGBTQ” community — or however many letters the acronym has this week — but for some reason, corporations, sports teams, and even some Christian religions feel the need to bend the knee to them.
Well, the preferential treatment has only empowered the cult to a point where, if they don’t get their way, they immediately resort to violence, like all left-wing militant counter-revolutionaries have done throughout modern history.
Case in point: Target Stores thought it would be smart (for some reason) to begin carrying LGBTQ and transgender-related clothing lines, but when the retailer began to promote the items, it faced a major boycott costing the chain billions of dollars in market value over the course of days.
That led the chain to pull the items from some stores and move the displays in others, which, in turn, triggered the gay, lesbian, and transgender mafia, leading to threats.
“CBS News affiliate WOIO in Cleveland, Ohio, received an email at 12:26 p.m. Friday warning of bombs that had been placed in five different Target locations near the city,” Newsweek — which was among a very few mainstream media outlets to report on this accurately, noted on Saturday.
“According to a screenshot of the email, which was published by the outlet, the threat was made in response to Target’s decision to remove its LGBTQ+ pride collection from its shelves earlier this week,” Newsweek noted further.
“Target is full of…cowards who turned their back on the LGBT community and decided to cater to the homophobic right wing redneck bigots who protested and vandalized their store,” read the email. “We won’t stand idly by as the far right continues to hunt us down.
“We are sending you a message, we placed a bomb in the following Targets. We will continue to bomb your Targets until you stop cowering and bring back your LBGT merchandise,” the email continued.
But the fact is, no one on the right is hunting anyone down — that is simply a lie used by Democrats and their left-wing sycophantic supporters as an excuse to commit violence against their political opponents.
Think about it: If LGTBQ people were being “hunted down” and injured or killed, those reports would be plastered all over the mainstream media for days on end — and yet, we’ve seen no reports of those crimes, have we?
Nevertheless, Newsweek noted further:
WOIO’s staff contacted local police departments as well as the Cleveland FBI regarding the threatening letter. According to a release from the Jackson Township Police Department, police dispatch received calls around 12:40 p.m. from both WOIO and WEWS, an ABC News affiliate based in Cleveland, regarding a potential bomb threat at a Target in their county.
Jackson Township officers evacuated and searched the store along with a bomb-sniffing dog from the Stark Country Sheriff’s office, read the release. According to a report from The Repository in Canton, Ohio, no bombs were found at the location and store operations resumed around 3:15 p.m.
It’s also important to point out that just recently, our figurehead president and geriatric commander-in-chief, Joe Biden, appeared at a historically black college to falsely claim that whites are the “biggest domestic terrorist threat” facing the country.
Now, why would anyone fabricate something like that in a multi-ethnic country if their intention wasn’t to cause interracial violence that would lead to widespread destruction and loss of life?
Of course, it was intentional. He was told to say what he said for the express purpose of demonizing the white majority in our country and thus legitimizing violence committed against them.
The far left is a culturally and socially destructive force. Always has been. Leftists burn and tear down, they don’t build and encourage prosperity.
And they will destroy America if we let them.
Target employee openly endorses satan and sexualization of children. Video at link
MSNBC Guest Claims Conservatives Boycotting Target is ‘Literally Terrorism’
By Cassandra MacDonald May. 30, 2023 6:20 pm
An MSNBC guest claimed that conservatives boycotting Target and other major corporations is “literally terrorism,” with no pushback from the host or network.
Economics professor Justin Wolfers made the bold assertion during an appearance on MSNBC Thursday.
“Look, one of two things is true,” Wolfers began. “It could be that they’re cowards and used that as protection and a smokescreen so they could make a cowardly decision, or it could be that they’re actually genuinely concerned about the well-being of their employees and have had credible threats.”
The retail giant has lost $10 billion in ten days amid a conservative boycott over Pride-themed clothing items for children.
The professor claimed that the boycott being effective and getting them to change its policies would be “economic terrorism.”
Read: Dr. Peter McCullough On "The Holy Grail Of COVID-19 Vaccine Detoxification"
“When Target caves into this, then it says that the moment you threaten the employees of even a very large corporation you get to control its policies. This is economic terrorism. Literally terrorism,” Wolfers said.
The New York Post reports, “A week ago Wednesday, Target enjoyed its stock value at $160.96 a share, but following the calls to boycott the Minneapolis-based retailer over its ‘PRIDE’ collection, the value plummeted and closed Friday at $138.93 a share.”
“The more than 22% drop in value for the blue chip stock roughly translates to a $10.1 billion loss in valuation to just $64.2 billion for Target, which has nearly 2,000 stores nationwide,” the report continues. “The plummet stands as the retailer’s lowest stock price in nearly three years. The last time the company saw a drop nearly this big came in 2022 after the stocks equalized following an unprecedented surge during the COVID pandemic.”
Target recently pulled items from a company called Abprallen, which included “We Belong Everywhere” messenger bags, “Too Queer For Here” messenger bags, and “Cure Transphobia, Not Trans People” sweatshirts. The company is known to make pro-drug and pro-satan merchandise.
“All items were designed for all bodies, regardless of gender identity and presentation,” Target said in the description for the items. “We added design features to help make the fit customizable for you. Our hope is for all guests to find clothing that makes them feel comfortable and affirmed in their identity. We understand that fit is incredibly important and will continue to evolve and improve on fit needs for the LGBTQIA+ Community.”
They still have many Pride products for children on the shelves, however.
A boycott against Bud Light and other Anheuser-Busch products over their partnership with transgender activist and influencer Dylan Mulvaney has already cost the company $15.7 Billion.
Post by ExquisiteGerbil on May 31, 2023 20:28:22 GMT -5
'Can't Sit in a Warehouse' - Here's Where Target LGBT Merch May End Up Now That It's Pulled
By Johnathan Jones
May 31, 2023 at 2:38pm
Target might be forced to donate products from this year’s ill-fated LGBT “pride” campaign following consumer backlash, one retail expert predicted this week.
The big box giant angered customers after it was revealed it had displayed LGBT and transgender apparel and accessories at the front of stores across the country.
Some of the products were aimed at children.
One garment, a “tuck-friendly” swimsuit in the women’s section, also drew the ire of customers.
Target, which has paid dearly financially for its corporate activism, is currently reviewing which products from the collection will be removed and which ones will stay.
The company did sever ties with satanic LGBT merchandiser Abprallen when it was discovered the U.K.-based company wholly embraced blending satanism and gender ideology.
But while Target decides which products will be removed and which will be quietly moved farther to the back of stores, some are asking what will become of the merchandise that will not be sold.
The financial news outlet TheStreet spoke to one industry expert who predicted it will still be worn but the company will take a loss on it.
A woman named Jane Singer, who is the managing director of a company called Inside Fashion and JDT Research, said the merchandise will be too expensive to store.
“I’m guessing that (the clothing will) end up being donated,” Singer said.
The supply chain expert added, “They can’t sit in a warehouse because warehousing costs are very high. Also, Target needs to get that inventory off of their books to free up ‘open to buy’ dollars so that they can buy new merchandise.”
Singer said there are “lessons” from the backlash that can be learned from Target and other retailers which had campaigns go bust.
She did not expound on the statement to a large degree.
She compared Target’s decision to go all-in on “pride” apparel to Adidas and its decision to partner with Kanye West prior to a series of anti-Semitic statements he made last year.
That put the “woke” company in the spot of having shoe inventory it struggled to move.
TheStreet reached out to Target for comment on what it intends to do with its “pride” merchandise.
A representative for the company responded, “We don’t have anything to share on this right now.”
JP Morgan Downgrades Target as Retailer Suffers Longest Losing Streak in 23 Years After Trans-Satanist Children’s Clothing Line Fails to Impress
By Jim Hoft Jun. 1, 2023 2:00 pm
Erik, founder and designer for Abprallen and Target Pride collection
On Thursday, JP Morgan downgraded their outlook for Target as the retailer continues to suffer through its longest losing streak in 23 years.
Nasdaq reported: On June 1, 2023, JP Morgan downgraded their outlook for Target (NYSE:TGT) from Overweight to Neutral. Analyst Price Forecast Suggests 40.86% Upside.
Target started to see a significant decline in its stock shares as a result of mounting backlash and widespread calls for a boycott over its satanic and woke LGBT merchandise.
Target’s massive ‘Pride’ Section, devoted to trans and LGBTQ kids’ clothing including “tuck-friendly swimwear for kids” and chest binders, is displayed at the front of each store nationwide.
The collection includes shirts and bags with messages that include, “live laugh lesbian,” “cure transphobia not trans people,” “too queer for here,” and “we belong everywhere.”
Abprallen, an LGBT+ company based in London that sells apparel that includes satanic imagery including pentagrams, horned skulls, and references to the devil collaborated with Target to create the “PRIDE” collection.
Threats of boycotts and massive backlash across the country prompted Target to scale back during an emergency meeting with the Target Asset Protect & Corporate Security team.
Target was forced to remove some LGBTQ+ merchandise from its Pride Month collection.
The items now being removed include “gender fluid” mugs, “queer all year” calendars and books for children aged 2-9 titled “Bye Bye, Binary,” “Pride 1,2,3,” “I’m not a girl” and all products created by the satanic Abprallen brand.
Target lost over $10 billion in 10 days following the introduction of its trans-satanist clothing line.