Posted on 04/06/2017 7:50:51 AM PDT by DUMBGRUNT
Target didn’t adequately assess the risk, and the ensuing backlash was self-inflicted, he told staff. Now, it was too late to reverse course.... “Target picked a side and pretty much said to the rest of us that we don’t matter,”... Inside the company, executives predicted the backlash would die down. It didn’t, and foot traffic in several markets, particularly in the South, ... Target has since said it plans to invest $7 billion to improve stores... The Maxwells have taken their business to Amazon. “The ironic part,” Mr. Maxwell said, “is that we are now realizing that we never really needed to go to Target to begin with.”... Target’s business nonetheless is in a funk. Sales at stores open at least a year have declined for three straight quarters. In February, it issued a gloomy sales outlook.
(Excerpt) Read more at wsj.com ...
The share holders might want to mount up and protect their investments.
Idiots.
I only go to Target to use the women’s bathroom, not to shop :)
Why put up a story only subscribers can read?
The fact Target’s CEO’s head isn’t on the chopping block to this day over this moronic move, tells you just how effed up that company is. How much shareholder value did his moronic move cost investors? He should have been summarily fired with cause a long time ago
This is stupid. Put in a single stall bathroom. Period. I’ve never been in one of these emergency johns and found someone waiting outside.
Notice how all the demands that stores let men go into the ladies room if they want is from the elites down - this isn’t a consumer-driven movement, instead the consumers want the opposite.
Never give your customers the opportunity to discover they don't need you. Target cut their own throats on that one.
We live in weird times. The rebellious attitude of these companies leads me to wonder if they are being propped up behind the scenes in exchange for revolutionary provocations. Target’s bathroom idiocy defies market logic.
As long as other stores are available or you can adequately plan, there's no “need” for Target.
I’ve never liked Target. Then they ran off the Salvation Army kettles around Christmas. Reinforced my dislike.
Now the bathroom deal.
My wife buys a couple beauty products from them and that’s it.
I went into my local target, just for a look-see. It was me, one other consumer, and a dozen target workers chatting and laughing it up in the TV section.
I live in NC and moved my pharmacy immediately from CVS to Walgreens about the same time Target made a political statement. I never cared for Walmart beyond emergency shopping but have found switching from Target to there, and several other stores that I don’t miss shopping or the prices. What made the move easier was the drop in quality of housebrand items, especially dog treats.
It makes total sense if you talk to MBAs who were degreed in the last 10 years. They are not learning how to maximize profit, social engineering is their main focus at the Ivy League centers of “learning”.
I have met several of these through a Harvard MBA friend.
Me, too. Twice since all this developed, when it was urgent. I used to spend about a thousand a year there. Less than a fraction of a drop in the bucket, but I see I’m not the only one. It’s not even the bathroom per se, I’m just tired of left wing companies ramming their ideology down my throats and calling me a hater if I don’t like it.
It’s Political Correctness which encourages a STATE OF MIND equating to VIRTUE which is then self perpetuating. These idiots never doubted the rightness of what they are doing.
About a decade ago, we got some real insight into Target’s liberal management and their arrogance.
A daughter of friends who are the old fashioned democrats, who work, go to church and fly the American flag at their home and business got married.
She was in middle management @ Target’s home office, and she invited dozens of the arrogant left wing Target management people to the wedding. Fortunately, we were at a dinner table for her relatives on both sides. Again, old democrats and good people. The groom ended spending a lot of time at our table, and he and I got along with no problems. After a couple of glasses of wine, he apologized for the rude behavior of his wife’s Target people. I asked him, how did he feel about being around these liberals and raising their future family around them.
A year after the wedding and about 4 months into their first pregancy, the young couple left Target and the liberals in their home office area and returned to our area to raise their family.
Two and a half kids after their wedding, they have bought a home here. He still thanks me for asking him that question on his wedding day, and so do his in laws and his wife.
Hire an Ivy Leaguer at your own risk, for that matter Ivy Leaguers should be declared Enemies of State.
Fast forward a bunch of years. All this bathroom foolishness popped up. I went to Wal-Mart, one time, for all of my various sundries.
They've dropped their prices, substantially. What would set me back $100+ at Target, is $70-80 at WM. For the same stuff. Same sizes, same brands, everything. Sez me, why would I switch back?
So, I went from spending $200-300 bucks a month at Target, to less than $10 a quarter - there's a couple of "Target" brand things that I've not been able to find a suitable replacement for, yet. Now, my few thousand dollars a year won't bankrupt Target, but there are a whole lot of other people who think just like me....
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