“......The discounters second-quarter net income fell nearly 10%, though that was better than what most had expected. Sales at stores open at least a year fell 1.1%, reversing seven straight quarters of gains. Target shares were down more than 6% in mid-morning trading Wednesday....”
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If you had just 5% of customers walking away ever since Target decided to go full retard for transgenders, there is lies a big factor. I personally think it is higher than that.
AR had a tax free holiday recently (for back to school gear). Wife was going to Target. I told her to use Amazon and not give any money to Target. Amazon Prime had it to us in two days, no taxes and everything we needed.
Maybe 10%, since that’s how much their profits fell.