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Target pledges to reinvest in business after weak quarter
Associated Press ^ | Feb. 28, 2017 5:53 PM EST | Michelle Chapman, Anne D’Innocenzio and Joseph Pisani

Posted on 03/01/2017 6:13:21 PM PST by Olog-hai

Target, stung by the migration of its customers elsewhere, pledged Tuesday to spruce up some “tired” stores and make other investments in its business after delivering weak quarterly results and an outlook far below what analysts were expecting.

The retailer’s profit for the quarter that includes the holiday season fell 43 percent, with strong online sales failing to offset weaker business at its stores. Target’s stock tumbled more than 12 percent, and other retailers dipped as well.

Target said it will spend $7 billion over the next three years to remodel more than 600 of its 1,800 stores, speed up its expansion of small-format stores, bolster its online operations, and launch new brands. The company usually spends about $2 billion a year on such capital investments. …

(Excerpt) Read more at bigstory.ap.org ...


TOPICS: Business/Economy; Society
KEYWORDS: fakenews; homosexualagenda; target; transgender
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Not a single word as to why the customers “migrated” away from them.
1 posted on 03/01/2017 6:13:21 PM PST by Olog-hai
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To: Olog-hai

More genderqueer associates?


2 posted on 03/01/2017 6:15:06 PM PST by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: Olog-hai

LOL. Those pesky “migrants”.


3 posted on 03/01/2017 6:15:44 PM PST by FlingWingFlyer (I tried being reasonable, I didn't like it. - Clint Eastwood)
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To: Olog-hai

Perhaps instead of investing millions, they could invest in a hundred bucks worth of paint for bathroom doors that say “FEMALE ONLY”?????? Just a thought!! (Man are these guys stupid!)


4 posted on 03/01/2017 6:16:05 PM PST by MagUSNRET
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To: Olog-hai

Asspress knows why people have flipped off the Transgender Club. They are propagandists not the least bit interested in truth.


5 posted on 03/01/2017 6:17:04 PM PST by Luke21
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To: Olog-hai

Back in the 1990’s Target had a queer reputation. I avoided it like the plague...and still do.


6 posted on 03/01/2017 6:17:15 PM PST by RoosterRedux
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To: Olog-hai

Let’s see...

Pro-Gay

Pro-Trannies

Anti-Salvation Army

Anti-Guns

I’m certain that I have forgotten some other pros and cons.


7 posted on 03/01/2017 6:17:44 PM PST by ButThreeLeftsDo (MAGA!)
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To: Olog-hai

I imagine most of that $7 billion will be spent on adding gender-confused bathrooms for non-existent gender-confused customers (because, you know, they are special and wouldn’t be caught dead outside of Nordstroms). But hey, remodeling the tired’ stores ‘for the customers’ sounds more pc, I guess.


8 posted on 03/01/2017 6:17:50 PM PST by blueplum ("...this moment is your moment: it belongs to you " President Donald J. Trump, Jan 20, 2017)
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To: Olog-hai

Very expensive policy


9 posted on 03/01/2017 6:19:37 PM PST by joshua c (Cut the cord! Don't pay for the rope they hang you with.)
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To: Olog-hai

I might shop there again.
...
When the sign over the door is ‘clearance’ and/or ‘going out of business.’


10 posted on 03/01/2017 6:21:38 PM PST by Luircin (Dancing in the streets! Time to DRAIN THE SWAMP!)
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To: ButThreeLeftsDo

Forgot open-to-anyone ladies’ rooms.


11 posted on 03/01/2017 6:21:49 PM PST by BobL (In Honor of the NeverTrumpers, I declare myself as FR's first 'Imitation NeverTrumper')
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To: Olog-hai

Remodeling? Glory holes in the girls’ bathrooms?


12 posted on 03/01/2017 6:22:22 PM PST by madprof98
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To: Luke21

Bingo!! John 8:32.


13 posted on 03/01/2017 6:22:36 PM PST by Fungi (Every breath, another five thousand fungal spores enter your body. All five thousand will be named.)
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To: MagUSNRET

All Target had to do was change the name of the family washroom to single use and say they met the concerns of the gay community that way.

I’m in Canada and I can guarantee that every former Canadian Target employee is overjoyed the company failed before they made this policy in Canada as well so they didn’t have to uncomfortably enforce it.


14 posted on 03/01/2017 6:22:54 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: BobL

I figgered that the pro-tranny label covered that.

;-)


15 posted on 03/01/2017 6:23:30 PM PST by ButThreeLeftsDo (MAGA!)
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To: Fungi

I was also amazed that with three Asspress bootlickers writing this nonsense, they still couldn’t get near the real truth.


16 posted on 03/01/2017 6:24:20 PM PST by Luke21
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To: Olog-hai

It’s the bathrooms. Signs are cheap to change. A few ads, a couple of heart-felt apologies, and some of us MIGHT come back. Else you are toast.


17 posted on 03/01/2017 6:24:49 PM PST by bboop (does not suffer fools gladly)
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To: Olog-hai
It is just amazing to me that not a single business analysis I have read has so much as MENTIONED the bathroom policy.

Journalism is dead.

18 posted on 03/01/2017 6:25:54 PM PST by M. Thatcher
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To: Luke21

That is not their objective. As I have said many times: “never let the truth get in the way of the agenda.”


19 posted on 03/01/2017 6:26:38 PM PST by Fungi (Every breath, another five thousand fungal spores enter your body. All five thousand will be named.)
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To: Olog-hai

Heck i bought a marlin 336 c and a ruger 10-22 back in the late 70s


20 posted on 03/01/2017 6:28:21 PM PST by al baby (Hi Mom Its a Joke friends)
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