Posted on 08/25/2022 8:09:01 AM PDT by Jan_Sobieski
Target, the leader in wokeness took a 90% loss over the same period last year after they overstocked on clothing and accessories for transgenders. For some strange reason, they decided that there are many more transgenders than there actually are. As a result, they had to lower prices in order to lower their inventory that just wasn’t selling. Target had previously shot themselves in the foot after letting people use the bathrooms and changing rooms according to how they identified.
In the second quarter of this year, Target reported earnings of $183 million in second-quarter net income after earning $1.82 billion over the same period last year. In the first quarter, profits dropped by 52% over last year. That means Target averaged a profit of 94,427.24 per store in the second quarter. That is pathetic and could cause them to close even more stores and put more people out of work.
Target stock dropped $7.15 a share on the news of decreased profits. In 2016, they shot themselves in the foot when they began allowing men in the women’s bathrooms and changing rooms. They kept the policy, even though it cost them, customers. Target doubled down and began selling clothing designed to help people “transition” including young children and they bought huge amounts of chest binders and packing underwear, “which [gives] the appearance of a phallus...”
(Excerpt) Read more at djhjmedia.com ...
I couldn't find any of these items on Target's website.
They never learn right? JC Penney, Gillette, pushed that Woke agenda crap with their products and down went their profits. Target is especially dumb having been through the banning of Salvation Army kettles and Christmas, the unisex restrooms crap and now the transgender clothing. All losers to their bottom line profits. Morons absolutely are who steer that ship of fools.
If tranny clothing isn’t selling because there’s no market (no customers)...how will reduced prices encourage sales?
Perhaps they already removed them?
“Transgender clothing was a very small amount of Target’s issues, if at all, unfortunately.”
I agree. The overall decline in sales had little to do with delusional’s clothing, as much as one wishes to be so.
So this article is simply an example of our side gaslighting us.
If there wasn’t a firehouse in the way, I could see the nearest Target from my living room window. I haven’t darkened their doors in years. Besides Walmart 3 miles away, the next closest store is 15 miles. I don’t care. I despise Target
The company is run by crazy people.
trans target takes it in the shorts
ladies, added bonus
get attacked in the ladies room
Exactly. Pandemic-related overstocks are affecting all retail corporations right now and not because the inventory leadership of Target said, "What we need to do is fill our warehouses with 100 million chest binders and pairs of child-sized packing underwear!"
Now, like Kohls, they’re putting in an ‘even more expensive’ Sephora makeup area.
I guess for all the openly drags and little drags to be.
Target is also selling less and less ‘choices’ in everything. They’re going downhill.
I wish them a very shameful and embarrassing bankruptcy. Selling clothing that assists deluded people in denying their sex is insane. It’s not “gender affirming.” It’s true-sex denying.
Target the new K Mart color them gone.
“Packing underwear allows a person to wear a phallic object or padding to create the appearance of having a bulge at the front of their pants. These undergarments empower transgender and nonbinary people to present their bodies in the way that feels most authentic to their gender identity.”
Gawd, how much of this crap is the woke parents’ fault?
Target lost a lot of customers but buttressed the stock price by closing stores and shutting down their entire Canadian operation, recouping millions for the firm but not gaining sales.
LOL, do they sell boxes to “put the fetus in”?
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