Target’s Stock Down 5 Percent, Brand Damaged, by Public Rebuke to Pro-Transgender Bathroom Rules

Breitbart.com ^ | April 29, 2016 | by Neil Munro

[Morgana]

Target’s stock price and its favorability among shoppers are crashing as the public rebukes the retail giant for ignoring their vigorous protest against mixed-sex changing rooms and bathrooms.

The company’s stock was two cents shy of $84 on August 19, when it revealed it would not allow shoppers to use single-sex bathrooms or changing rooms. Instead, all rooms were opened up to anyone claiming to be of either sex. As of 4.00 p.m. Friday, the stock had dropped almost $4.50, down to $79.50.

That’s a huge loss of 5 percent in stock value, costing shareholders roughly $2.5 billion in company value.

In between those two dates, more than one million people had signed a boycott petition sponsored by the American Family Association. Public opinion also shifted strongly in favor of single-sex bathrooms.

The damage to Target’s favorability is also being tracked by YouGov’s BrandIndex service.

[Attention Surplus Disorder]

Oh come on. This is quite silly.

The entire market got smacked today. INTC already reported their earnings a week or so ago which the market wasn't exactly thrilled about, but the market is not thrilled about much these days except for piling back into oil and gold like lemmings. The market fell (today) because the BOJ said they would NOT supply further stimulus which strengthened the yen, the world's carry currency, thus weakening the USD, strengthening gold and oil. That's today, stay tuned for tomorrow's story. INTC dropped over 2.5% today. Did they reconfigure their corporate restrooms for LGBQTFLERPs?? TGT fell $1.10 from its open on a crappy market day. 1.3%, half of INTC's drop. What's up with that?

Consumer spending came out as basically flat. That has an impact on sentiment towards retailers. I happen to be short TGT because $84 is darn near the tippy top of where TGT has been for several years. It's strictly a chart play for me. Would a boycott have some effect? Sure, 30-40 cents.

This is imagining that something is having an outsize effect when at minimum, other far more significant forces are at work. It's objectively delusional.

[anton]

Macy’s is run by homos and lesbos.

[kaehurowing]

In my area, Target is the “un-Wal Mart” for upper middle class moms. Cleaner, quieter, nicer looking, etc.

---

That’s the way it is here too. Pitched to upper middle class Moms looking for “bargains.”

[dynachrome]

I “present” as a 7 foot tall Chinese woman. All businesses need to raise their ceilings to accommodate me!

[Maudeen]

Just the cheap smell of these stores . . . . my mother back in the 60’s wouldn’t go to the stores and told us not to either with the chemical odors. She was so wise and I miss her so much!

[Bullish]

You must consider that the average Target employee has nothing to do with this policy and are probably as outraged about it as we are. This decision was made by pointy headed liberals at the top of the company. The idiot liberals who made this decision are going to cost the shareholders mega-bucks and could lose their jobs over it, as they should.

If they take steps to reverse this and tell the public that they will do all they can to keep people safe in Target’s restrooms then I might consider shopping there again... I might consider it and I might not. It all depends on how contrite they are and how much they clean house at the top and clean up their act. I’m not holding my breath about them coming to their senses anyway.

[xzins]

Aim at Target and hit it dead center. Hit it hard.

They won’t get a dime from me.

[Sir Napsalot]

One word - JC Penny (he he)

Seems like people never learn.

[Morgana]

Females who work at target are in just as much danger by this as shoppers.

[NonValueAdded]

Their bottom line will be the real measure of their folly.

[cherry]

its not about transgender people....its about allowing anyone into the bathrooms and fitting rooms that young women and girls use....ITS NOT RIGHT....

[CodeToad]

[ChildOfThe60s]

Do you remember in 2012 when Dick’s canceled the AR15 rifle orders that customers had paid for in advance? And screwed over Troy Industries?

Since then, I haven’t and never will again set foot again in Dick’s.

Some things can never be forgiven or forgotten. Or to put it another way, if Target wants to dance naked in the pig pen, it’s going to get covered in pig crap.

You want to send a message to Target and the other corporate PC buttwipes out there, you make it permanent.

[xzins]

Archer Farms is the Target food brand that is also sold on Amazon.com. They have a sales agreement.
Boycott archer farms because it is Tarvet.

[dynachrome]

“Archer Farms is the Target food brand that is also sold on Amazon.com”

Thanks!

[ChildOfThe60s]

Doesn’t matter how contrite they are, or how much they purge the upper level management. If you want to stop other corporations from doing the same thing, you hit Target as hard as you can and you NEVER let up.

IMO, although it will never happen, it would be a very good thing for this country if a consumer revolt drove Target into bankruptcy.

[xzins]

It’s putting them in danger.

Target’s policy does not require these Transwomen to have had sex change surgery. Nor does it require them to wear a dress. Nor cosmetic enhacement, or heels or hair style or anything. The only requirement is no requirement other than saying “I feel like a woman”. It could be a man in wife beater, jeans, nikes, and crew cut.
IOW, a man with all of his equipment, all of his testosterone, all of his sperm, and all of his strength.

And all he has to say when he walks into your daughter’s restroom is “I feel likea woman.”

Prescription for disaster.

[DuncanWaring]

Do they not have corporate lawyers that addressed this?

When corporate lawyers get into a pissing contest with the SJWs, the lawyers lose.

[Paulus Invictus]

The bathrooms at Target locally have not placed an “anyone can use this head” sign on the Men’s or Women’s toilets. They might be afraid that this is a very conservative town. I would never go through their doors ever again if they choose to make the “queer” move.

[mplsconservative]

Kohle’s is the “upscale” chain around here; more “upscale” than Target.

Kohl's and Target are two different animals. You can't buy groceries, cleaning supplies and dog food at Kohl's.