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Data breach is not real reason for Target’s profit warning
Marketwatch ^
Posted on 08/05/2014 5:58:49 PM PDT by Red in Blue PA
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Both have it wrong. Target issued their prohibition on guns this quarter. I can only speak as an n of 1, but Target lost abut $150 per week just from me alone.
And I am not the only one who stopped shopping there because of their position on guns.
To: Red in Blue PA
2
posted on
08/05/2014 6:01:45 PM PDT
by
ButThreeLeftsDo
(Please $upport Free Republic.)
To: Red in Blue PA
The cost of the breach didn’t cause it but the people who won’t shop there any more are.
3
posted on
08/05/2014 6:01:51 PM PDT
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: ButThreeLeftsDo
That piece of news came out after the quarter already ended, so could not have affected this past Q’s earnings.
That will surely affect next Q’s earnings however. Glad I am not a TGT shareholder.
4
posted on
08/05/2014 6:03:36 PM PDT
by
Red in Blue PA
(When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
To: Red in Blue PA
Now that they have decided to pander to the homosexuals, it is no longer a place I would want to take my family to shop. Target won’t be seeing my money anymore.
5
posted on
08/05/2014 6:03:53 PM PDT
by
FlingWingFlyer
(America is not a refugee camp! It is my home!!!)
To: ButThreeLeftsDo
Target is now dead to me. Their management dabbled in politics instead of business.
6
posted on
08/05/2014 6:05:08 PM PDT
by
Da Coyote
To: ButThreeLeftsDo
May the K-Mart pox be upon them.
7
posted on
08/05/2014 6:05:34 PM PDT
by
Charles Martel
(Endeavor to persevere...)
To: FlingWingFlyer
Yep, this TARGET company has built a reputation about not being in favor or normal traditional families. This HAS to have caused them a stumble.
To: Da Coyote
Me too. I used to shop there a lot because of convenience. Not a dime from me anymore.
9
posted on
08/05/2014 6:05:52 PM PDT
by
Red in Blue PA
(When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
To: driftdiver
Keep in mind that the breach happened LAST YEAR. We are 8 months into this year. Something else is going on.
10
posted on
08/05/2014 6:08:49 PM PDT
by
Red in Blue PA
(When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
To: Red in Blue PA
After they kicked out the Salvation Army at Christmas years ago I quit going in there.
11
posted on
08/05/2014 6:08:51 PM PDT
by
DJ MacWoW
(The Fed Gov is not one ring to rule them all)
To: Red in Blue PA
They’re also taking a serious hit from their expansion into Canada, which is failing in a huge way. Their pricing can’t compete with Walmart and their product selection isn’t even in the same league as Loblaws and Canadian Tire.
12
posted on
08/05/2014 6:09:54 PM PDT
by
Squawk 8888
(Will steal your comments & post them on Twitter)
To: Red in Blue PA
Bad economy and alienating more prospective customers.
Their handling of the breach was pathetic though.
13
posted on
08/05/2014 6:11:12 PM PDT
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: Squawk 8888
I work at one of the Target stores in Canada and a lot of the difficulty simply has to do with that Target thought that it could simply transfer its stores into Canada and continue doing business.
It didn’t take into account that Canada is a different country, with a different culture. It will overcome this sticky point in due time.
Wal-mart went through the same sort of adjustment when it first came to Canada. It thought it would bowl through all the big retailers here, but it found that was like hitting a wall.
14
posted on
08/05/2014 6:20:29 PM PDT
by
Jonty30
(What Islam and secularism have in common is that they are both death cults)
To: Red in Blue PA
And didn't they just take a firm stand for Gay Marriage? Something tells me they are trying to JC Penny themselves out of business.
15
posted on
08/05/2014 6:21:31 PM PDT
by
IllumiNaughtyByNature
($1.84 - The price of a gallon of gas on Jan. 20th, 2009.)
To: Red in Blue PA
now that they've gone full faggot, wait till the next quarter results come out...
16
posted on
08/05/2014 6:23:06 PM PDT
by
Chode
(Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
To: Chode
The irony is that most gays who are into the latest fashion trends look down on stores like target.
Only an idiot management would hitch their wagon to that star.
17
posted on
08/05/2014 6:25:20 PM PDT
by
Red in Blue PA
(When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
To: Jonty30
Yep, Walmart took a while to figure it out. One surprise was their discovery that Canadian suppliers were no pushovers; a lifetime of selling through CTC and Loblaws made them hard targets.
18
posted on
08/05/2014 6:29:19 PM PDT
by
Squawk 8888
(Will steal your comments & post them on Twitter)
To: Red in Blue PA
Target issued their prohibition on guns this quarter.Prohibition? Or request?
There are a lot of people here who don't honor prohibitions, let alone requests.
19
posted on
08/05/2014 6:35:29 PM PDT
by
Balding_Eagle
(If America falls, darkness will cover the earth for a thousand years.)
To: Red in Blue PA
Have a Target very nearby. We go out of our way to shop at other stores now. Don’t buy anything at the Target.
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