Posted on 08/22/2016 1:23:59 PM PDT by Kaslin
There are two indisputable facts surrounding Targets decision to allow men to use the same bathrooms and changing rooms as women and little girls.
First, Targets stock has taken pounding since April. Second quarter earnings fell to $680 million, according to Market Watch. And revenue fell 7.2 percent.
Second, more than 1.4 million consumers have joined American Family Associations nationwide boycott of the nations second-largest discount retailer.
The debate is whether there is a correlation between those two facts.
Target CEO Brian Cornwell told Fortune magazine in May that the transgender bathroom policy has nothing to do with their financial wellbeing.
To date we have not seen a material or measurable impact on our business, he said. Just a handful of stores across the country have seen some activity and have been impacted.
But American Family Association believes their boycott is having a significant impact on Targets bottom line.
READ THE FULL STORY AT TODDSTARNES.COM!
sears should run an add showing bathroom signs and say we’re still,on Target
I usually check before I post but I was sure I remembered it right.
But I was oh so wrong.
We can assume that the 1.2 million figure is for two wage earner family’s with children, who have chosen to abide by their faith and pursued shopping is “safe” spaces. Stable church going families represent an important sector of the population when it comes to tax paying (and tides), or disposable income for non-church attending Americans. Target does not “target” the poor or the rich, but rather the affluent - and the majority were offended.
“The debate is whether there is a correlation between those two facts.”
Actually, the debate goes beyond correlation to causation. Target has experienced a revenue downturn. It instituted a controversial bathroom policy. Has Target’s revenue decreased more than similarly situated brick and mortar retailers, and can it be explained by a decrease in young women’s apparel? Today’s retailers are very sophisticated. Identifying which segments are underperforming relative to previous quarters and years is not difficult. It a question for the big data guys in the IT dept.
Hey, Brian Cornhole -—I mean, “Cornwell”. I haven’t set foot in a Target store this year and I won’t until the policy changes and you’re out of a job.
How’s that for a “measurable”.
BTW, I’ve also stopped patronizing the Hilton chain of hotels because of their promotion of homosexuality.
>>Remain calm. All is well.
Isn’t that what the captain of the Titanic said while they were rearranging the deck chairs?
Nope. Captain Edward Smith was exemplary.
Can't talk with their mouths full.
Stockholders won't put up with lousy numbers on the bottom line.
I agree. Target is not the only big business to place their political agenda ahead of national security or even profits.
Costco is not a part of Target. Period.
(I am going to have to get a rubber stamp of that.)
It would also help if I paged down a little...sorry.
hey ISIS, y'all have a juicy target, and they lack the will to defend themselves via weapons. And they love homos and transgenders.
Hit the target, ISIS!
Targets still in business!!!!
Artificially flavored saw dust!!!
No, they are not. But they sure like the Christians money. Wonder if they have figured out that you don’t bite the hand that feeds you. Or maybe they will learn this important fact after the Christmas holidays.
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