Easy solution .....
(1) Replace upper management and change policy
or
(2) Sales their shares of Target.
At their peak in March...they were near $85 a share. If you review the past five years....they were continually ontrack to go upwards (2011, near $50). So it was a wise investment at one point and they typically paid a 3-percent dividend per year.
Today? They sit near $67.
The big owners....usually retirement funds...will hope that this is just temporary and things will be forgotten. If we get to the spring of 2017 and it’s still in the $67 range...this CEO will be let go, and likely paid some significant retirement package to just walk away.
Check chart . If it breaks through the $60 resistance, the next resistance is $50. I see they have a new line of LGBT clothing in the children’s section .
Actually it isn’t that easy. The psychologically disturbed crowd doesn’t have any problem with disrupting business, protesting, screaming, yelling, and otherwise chasing away patrons. Target has painted themselves into a corner. They are stuck in a position and they have to try to weather the storm. If they back down now, the wailing and gnashing of teeth from the left will be cacophonous. The amazing thing is, their CEO actually thought the company needed to create this mess instead of simply dealing with it on a case-by-case basis. Oh well, you’ll never see a member of my family in a Target store again.
Fire the ceo.
He picked the absolute stupidest thing to draw a line in the sand over and it has cost them 12 billion so far, and rising.
Then fire all the board members who voted with the putz.