Eventually it will get a Dead Cat Bounce when Sears/Kmart finally pulls the plug.
Put them out of business.
Because there is more downside potential?
I reread the article, and she recommends selling the stock.
Actually, she recommended selling it.
I GET surveys all the time from Target asking if what happened affected my shopping there. I said, yep, forever.
They even offered free gift card just to walk in the doors, said nope.
The stock has sunk to $0.00 in my household.
There is a Target within 1.5 miles of my house. I was a regular customer.
Then, the company filed an “amicus brief” with the Supreme Court applauding the attempt to redefine marriage.
I now drive OUT OF MY WAY to shop elsewhere.
Target targeted itself out of my life.
Target’s business will slide further (they are STILL letting grown men into the little girls’ room!...can you believe it!????)
Sears has to get its product lines and price points into sync. Too much unexceptional merchandise at pretty high prices. Not attractive to consumers. If consumers want more distinctive or fashionable merchandise, they will go elsewhere (lots of stores such as Macy’s and many more). If consumers want lower prices/better deals, they also will go elsewhere (Walmart, Costco, Dollar Stores, etc). Not much patronage left for Sears guys, Today, you can roll a bolling ball through the Sears store and not hit any customers .....
People like to say this but TGT has been strugging for over a year because of decisions made to close stores and reorganize.
Here is a two year chart - you can have your own opinion about things but not your own FACTS:
There’s likely good people depending on a job with Target, and I hope the best for them. As for the whackjobs who proposed, promoted, and implemented policy that insults families and puts women at risk - hope every damn one of them gets fired.
1. store management has no business using corporate resources to crusade for homosexual marriage and
2. store management has no legitimate business purpose or right to let grown men into the little girls’ rooms
3. store management is hired to maximize shareholder wealth, not use shareholder resources for management’s personal political or social purposes
4. a great big class-action shareholder lawsuit is undoubtably coming soon...
Shadenfreud can be very delicious. Like now.
I guess they missed the target a bit?
Pun intended.:)
It’s not just their bathroom policy for me; that was just a latest symptom of the way they’ve been moving sharply left for several years now.
Used to go there now & again. Haven’t been there in over a year now due to their extreme liberal crusading stupidity, and don’t ever plan to go there again. Hope they go out of business.