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Anheuser-Busch, Target and Kohls lost a collective $28.7 BILLION in market value since the beginning of April amid backlash over Pride campaigns and Dylan Mulvaney partnership
Daily Mail UK ^ | June 16, 2023 | Emma James

Posted on 06/16/2023 4:28:40 PM PDT by Morgana

Target, Anheuser-Busch and Kohls have lost a huge $28.7 billion in market value in the wake of a major backlash over their Pride campaigns and products.

Since the beginning of April all three have seen their market value plummet – with only Kohl's now starting to recover.

Brewing giant Anheuser-Busch has seen their sales also drop after teaming up with controversial transgender TikTok star Dylan Mulvaney – losing 24.4 percent in the last week of sales.

Separately both Kohl's and Target have been caught up in an ongoing backlash after unveiling their Pride collections at the start of May.

Kohl's was forced to heavily discount its Pride merchandise after only a week of the annual month-long celebration.

The Wisconsin-based retailer, which has more than 1,100 stores across 49 states, is now discounting its Pride collection both online and in stores.

Shares for the company are underperforming, according to Axios, and stocks slumped more than 20 percent following the furor, but has since rebounded.

A navy blue T-shirt with the rainbow colors of the LGBTQ flag and the word 'pride' is now selling at a 60 percent discount for $4.80.

Target lost over $4 billion in market value in just under three weeks after it began selling its Pride collection, which included a 'tuck friendly' female swimwear line for transgender women.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy
KEYWORDS: anheuserbusch; bud; budlight; budlighted; kohls; lgbt; pride; target
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To: Morgana

It is time for conservatives to understand that we too can wage war the way the DNC does, e.g., one person at time go to Target and destroy a $100 worth of merchandise, or Starbucks and open up the coffee bags, throw away the lids on tumblers, etc. These people were never netural when it came to hating Christians or non-gays. These sick politically active corporations need to be driven from our communities.


21 posted on 06/18/2023 3:06:13 PM PDT by Jumper ( )
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To: Morgana

The MSM is doing their best to ignore the Bud Light story...


22 posted on 07/08/2023 8:54:50 PM PDT by GOPJ (Stop 'gun violence' by stopping and incarcerating criminals.)
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