Business Target Loses $9 Billion In Market Value In A Week Following Boycott Over LGBT Merchandise - "Target’s market value plunged $9 billion in one week after anger erupted over the store’s new “PRIDE” collection, which features clothing for children and babies as well as a chest-binding swim top and a “tuck-friendly” women’s bathing suit."

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Target’s market value plunged $9 billion in one week after anger erupted over the store’s new “PRIDE” collection, which features clothing for children and babies as well as a chest-binding swim top and a “tuck-friendly” women’s bathing suit.

Social media users and conservative activists began calling for boycotts of Target following the release of their PRIDE line last week. The company was valued at $160.96 per share on May 17, at a market value of $74.3 billion; as of Thursday morning each share was valued at $139.84, the lowest in over a year, at a market value of $64.54 billion, according to MarketWatch data.

An adult bikini top available on Target’s website advertises a “light binding effect.” Another women’s swimsuit offered “tuck-friendly” coverage, and some children’s swimsuits advertised being “Thoughtfully Fit on Multiple Body Types and Gender Expressions,” according to The Associated Press.

Target removed some PRIDE items from stores following public outcry, claiming the move was in response to “confrontational behavior” from shoppers. The decision drew a fresh round of blowback, this time from LGBT activists who characterized the move as a failure to stand up for gay and transgender people.

“Target should put the products back on the shelves and ensure their Pride displays are visible on the floors, not pushed into the proverbial closet,” Human Rights Campaign President Kelley Robinson said, according to the AP. “That’s what the bullies want.”

Target was previously subject to widespread protests in 2017 following the company’s decision to allow transgender individuals to use the restroom of their choice, according to The Wall Street Journal. More than 1.3 million people signed an online petition calling for a boycott of the retail giant, the store saw its first decline in same-store sales in two years and ended up spending $20 million building single-sex bathrooms in all of its stores in response to complaints about privacy.

Target did not immediately respond to the Daily Caller News Foundation’s request for comment.
 
Is there anything more to this? Right now this looks like something this could be made up for drama.

Target Shopper TEARS DOWN Pride Display, ROASTING Woke Companies Becomes MEME As Boycotts WORKING​


Within the first minute Tim admits the title is clickbait, but I'm too lazy to copy paste the article
This is the article ( Archive ). Images didn't carry over:

Target shoppers fuming over the retailer’s LGBTQ merchandise — including “tuck-friendly” swimwear — have stormed some stores to tear down Pride signs, badger workers and even leave a case of Bud Light alongside the offending items.

The Minneapolis-based chain — which has lost $9 billion in the last week following boycott calls over LGBTQ-friendly kids clothing — has announced it will remove some of the offending items partly due to their workers’ safety fears.

The online fury spilling over into the aisles includes one MAGA hat-wearing provocateur who was filmed ripping down a “#TakePride” sign from a clothing rack of LGBTQ apparel.

Ethan Schmidt — a 24-year-old far-right internet personality who previously made headlines for his off-color remarks — is seen tossing the rainbow-colored sign to the floor before stomping on it and kicking it in the 19-second clip.

Another self-proclaimed patriot and activist, Scott LoBaido, filmed himself on Wednesday at a Staten Island Target location shouting: “Memorial Day weekend, where is the display supporting and showing homage to the men and women of the military?”

Alt-right internet personality Ethan Schmidt posted a video ripping a #TakePride sign from rack of Pride clothing at Target before stomping on it and kicking it.Alt-right internet personality Ethan Schmidt posted a video ripping a “#TakePride” sign from rack of Pride clothing at Target before stomping on it and kicking it.Angry Patriot 1776In the video, 24-year-old Schmidt is wearing a red MAGA hat and patriotic graphic T-shirt as he stomps on the pro-LGBTQ+ sign.Schmidt wears a red MAGA hat and patriotic T-shirt as he stomps on the pro-LGBTQ+ sign.Angry Patriot 1776
“There’s a couple of little ‘Made in China’ pieces of s–t here,” he adds, pointing to a small, three-shelf section with red, white and blue paraphernalia.

“In November, do we get a veterans display that says ‘Proud to be a veteran’? No, we do not,” LoBaido says before a Target employee approaches and asks him to stop screaming.

“I just talk loud,” LoBaido replied, going on to increase his volume: “Get rid of the kids’ s–t that doesn’t belong in here. You cater to 0.1%. You’re going to go down like Budweiser!”


One Target shopper provided a more cheeky protest, placing a case of Bud Light in a rack promoting Pride items — a reference to the beer brand’s ill-fated partnership with trans social media star Dylan Mulvaney.

“Completed the Target display,” wrote one Twitter user after a photo was posted to the social media site.

The Post reached out to Target for comment.

The retail giant has been forced to backtrack over its Pride collection just a week after CEO Brian Cornell dismissed the uproar, saying the products are good for business and “the right thing for society.”

Completed the Target display, a Twitter user cheekily wrote alongside a picture of Target's Pride display with a case of Bud Light on one of the shelves.“Completed the Target display,” a Twitter user wrote alongside a picture of Target’s Pride display with a case of Bud Light on one of the shelves.gregabottrocks
But the company’s stock has dropped nearly 20% since the controversy erupted. On Thursday, the stock fell 3%, to $138, after trading at around $160 last week.

The discount chain, which has more than 450,000 workers in roughly 1,900 locations nationwide, has pulled some of its LGBTQ-friendly clothing from its stores.

A spokesperson cited “threats impacting our team members’ sense of safety and well-being while at work” as reason for the “adjustment.”

Yet another self-proclaimed patriot, Scott LoBaido, filmed himself at a Staten Island Target location, shouting that the Pride display was larger than the patriotic display for Memorial Day weekend.Yet another self-proclaimed patriot, Scott LoBaido, filmed himself at a Staten Island Target location, shouting that the Pride display was larger than the patriotic display for Memorial Day weekend.ChudsOfTikTok
“Given these volatile circumstances, we are making adjustments to our plans, including removing items that have been at the center of the most significant confrontational behavior,” the Target spokesperson added.

Target declined to specify which specific pieces from its Pride line would be removed.

SEE ALSO​


Target’s reputation takes hit over children’s LGBTQ clothing, survey shows​


Infants and children’s clothing bearing Pride messaging, along with an adult women’s “tuck-friendly” swimsuit, have particularly caused the uproar.

The highly criticized “tuck-friendly” women’s swimsuits have extra fabric in the crotch area to allow trans women who have not had gender-affirming operations to conceal their private parts.

Pride clothing in the children’s section include T-shirts that say “Pride Adult Drag Queen ‘Katya,’” “Trans people will always exist!” and “Girls Gays Theys.”

Target’s adult Pride line includes sweatshirts and tote bags with messages like “Live laugh lesbian,” “Cure transphobia not trans people,” “Too queer for here” and “We belong everywhere.”

The graphic tees were made by London-based apparel company Abprallen, which is headed by a transgender man known as “Erik” and also sells apparel featuring satanic imagery, like pentagrams, horned skulls and devil references.

Schmidt, the MAGA-hatted shopper, lashed out at a Target employee over the “satanic” brand in another clip he posted to Twitter.

“Yeah, both. Satan and Pride,” the employee responds sarcastically.

“Hey, do you guys support the satanic Pride propaganda?” he asks the worker.

Infants and children's clothing donning Pride messaging particularly angered customers. Target has since announced that its removing Pride merch from its stores, though it didn't clarify which specific pieces would be pulled from shelves.Infants and children’s clothing bearing Pride messaging particularly angered customers.TargetAnother item causing backlash: “Tuck-friendly” women’s swimsuits that have extra fabric in the crotch area to allow trans women who have not had gender-affirming operations to conceal their private parts.Target has since announced that it’s removing Pride merch from its stores, though it didn’t clarify which specific pieces would be pulled from shelves.Twitter/@electra369
Meanwhile, another clip posted to social media shows Target employees moving the Pride display from the front of the store to the back.

In a TikTok posted Tuesday, a user explains that “upper management folded like a pretzel” when a customer at the Cypress, Texas, Target location complained “about the first thing they see when they come in is the Pride section.”


She then shows her friend, who works as a Target employee, moving the Pride display to the back of the store.

It’s unclear how many other Target stores had workers move the Pride display to a section of the store with less foot traffic.
 

Target Shopper TEARS DOWN Pride Display, ROASTING Woke Companies Becomes MEME As Boycotts WORKING​


Within the first minute Tim admits the title is clickbait, but I'm too lazy to copy paste the article
Ahh, so is this what the Lugenpresse meant about there being "threats" and "violence" against Target employees? Tearing down displays and calling them fags?
 
No single hedge fund is capable of forcing these kinds of repeated losses against all good financial sense.
You are correct.

It takes organizations like the ones mentioned in this article, where they act like Republicans are completely crazy for going against ESG, which is good, everyone, just look at how a company called NetZero promotes it!

Blackrock may have done a lot of damage, but you're right.

It isn't a single hedge fund.

It's a coordinated organization which Blackrock is part of.

 
Compare it to other companies.
  • If only some companies few returning to pre-2020 levels, then the disparity between companies says something.
  • If all companies are trending the same way, then yeah, might just be a return to the natural state of things.
  • If all companies are crashing but some are crashing harder than others, the truth is somewhere in the middle.
Here's Walmart, BJs and Costco then. BJs have actually lost more market cap than Target in the past two weeks despite being smaller than it. Overall I'd say that they don't seem to have related ups and downs (other than a bump from Covid) and that this little Target decrease is just that, little.

competitors.png
 
A large coalition of them of which Blackrock just happens to be the most commonly cited. Either way, massive international corporations grovelling on hands and knees to satisfy some troons and eco-fascists at the expense of everyone else is not being driven by organic market forces.
Yeah, it’s usually a triumvirate of faggotry: BlackRock, Vanguard, and State Street. BlackRock gets singled out because they are by far the largest of the three and are up to a lot more insidious shit but all three of them command large percentages of many publicly traded companies. The fact that these three push for this shit means many others will follow. But yeah, most people who say BlackRock are talking about them and the coalition in support of them.
 
I don't trust this, something is up.

Why would all these stories get published about wokeness backfiring all of a sudden when for the past few years we've been getting nonstop reminders that boycotting doesn't work and "get woke go broke" isn't a thing?

Is it because an election year is coming up? Don't see what would have caused a boiling point all of a sudden, homos have been raping kids since time immemorial and people never cared before.
If may 2023 is an election year, then we are perpetually in election
It's just moral fagging from the GOP establishment Neocons. That's what some of this is about. That's one of the reasons why you see Desantard saying he is running in 2024. Desantard likes to moral fag. What they are hoping to do is cause a fracture in the Trump voting base. It won't work. Trump stood on stage in 2016 and said Planned Parenthood did some good things for women and when asked if he would let a tranny use his bathroom he said yes. Trump is not a moral fag. But he still managed to do pretty well with evangelicals and defeat Ted Cruise in the Bible belt which was supposed to be the states that would save Cruise in the primary. These people don't seem to understand that the political winds have changed. Trump runs on issues that anyone can agree with. What they want to do is create a split in the Trump voter base with the moral fags. That's what all this abortion faggot and tranny shit is about. That's why you see them talking about this much so close to an election. Now Trump will probably talk about it if he sees it's an important issue and I imagine he will take the same kind of stand most people do. A more moderate stance like what adults do is up to them but leave peoples kids alone. Trump isn't going to sperg out on stage and go and gas the trannies gender war now or start doing a Jesus Jesus routine and talking about how we all need to start reading the Bible and praying 20 times a day. Like some kind of Christian Taliban shit. Most of the moral fags were fine with Trump in 2016 2020 and I doubt that will change in 2024.

The GOP old guard Necons like to moral fag as well. They took stances against poop dick marriage porn and all kinds of shit in order to get the moral fag voters to go vote for them. But when they were in office they never did anything. So most people just kind of moved on. There are bigger more important issues to tackle. The Economy is going to get worse. People aren't going to be concerned about trannies faggots and abortions that much. It will be like a back burner issue. People will more concerned about economic issues. They will say I haven't even seen a tranny. But I haven't seen a well paying job either.
Boycotting generally doesn't work, Bud Light is a special case because it's a dying brand. Target though? They'll bounce back without issue, they are under no real threat, they can survive a little bit of bleeding.

You guys are going to be seriously disappointed if you keep hyping up these so called "wins".
Most of the times these companies that went woke were already going broke. Now they are going even more broke. Going woke to get ESG money is the sign of a failing industry most of the time.

The captain autismo types will always be disappointed because they are autistic retards and think that America going full blow Nazi Germany is always just around the corner when it's not.
 
This pride month is going to be delicious.

Major retailers and merchandise manufacturers have a very long "idea to shelf" time. The same is true of many national brand campaigns. They're planned far, far in advance.

Often, an idea takes about 18 months total to move from an initial phase to the execution phase.

Remember how the "idea people" creatives have been the ones who clung to masks and isolation for the longest time?

What we are seeing now in the realm of merchandise and advertising is the final collective fever dream of a creative class locked up in bughive apartments for years on end, rebreathing their own CO2 whenever they dared to brave the outside world.

This Pride is brought to you by the craziest covid clingers of 2022, grinning as they planned out how their slogans would own the chuds and resonate with everyone, since "everyone" means "everyone on Twitter that I haven't chain-blocked for speaking outside the echo chamber approved talking points."

It's watching the unstoppable force of terminally online liberal purity spirals meet the immovable object of the salt of the Earth, silent majority American public. What a show.
 
On one hand I'm delighted to see some action even if it's not as serious as I'd like it to be.

On the other: in regards to cult talk:

It's true the corporations don't believe in diversity, IP, and more beliefs. However, similar to how corporations found Apple fans were near identical to cultist in mindset and brain activity, these corporations have inadvertently not only created a backer class but a cult. Current corporations care about money, but when these new cultist take hold they only care about the message even at costs of their and their families and everyone elses lives. (See the whole discussion on the left around illegals it's eye opening)

The problem is not that the corporations are not cultist, the problem is they've created a class of people who either are brainwashed or can prolifically hide it while making waves in a system and could potentially bring down the entire country with their actions long term. Those corporations could crumple, and that still won't stop the cultist from flooding you with third worlders out to kill or rape your children, weirdo freaks preying upon them even if they have to be a little more subtle again (and still claim victims in wide loads) and with their connections online who knows how good they are at hiding it, I'm glad people are taking steps to some degree against it, but it's not far enough.

Eradication is required to root out this issue. That I'm not sure normies and more are willing to go to such lengths and that will allow long term these fruit cakes to gain ground overall.
 
Their Pride display was always cringe. But when you start shilling it for kids people start pushing back instead of ignoring it. Infants cannot be gay. They cannot transition. They don't need Pride onesies. You do not need to show your sexual orientation and gender expression by using your baby as a billboard.

They should have kept it simple. A few t-shirts and flags. But they went overboard for $$$. It backfired because they went way too far. No one's going to buy this junk anyway. Most of it will end up in a discount bin as usual. I think most people were ok with the flags as long as they weren't all over the damn place. But then it all exploded into rainbow puke fueled by corporate greed. Well they got a little too greedy and creepy with the kiddie items. And that disgusting girldick tucking swimsuit.

They're ruined rainbows for everybody. Before it wasn't just an LGBTQRSTUV thing. But when the Pride corpo explosion started they became poison for anyone straight.
 
Yeah, it’s usually a triumvirate of faggotry: BlackRock, Vanguard, and State Street. BlackRock gets singled out because they are by far the largest of the three and are up to a lot more insidious shit but all three of them command large percentages of many publicly traded companies. The fact that these three push for this shit means many others will follow. But yeah, most people who say BlackRock are talking about them and the coalition in support of them.

Vanguard isn't as woke as other companies.

 

Within the first minute Tim admits the title is clickbait, but I'm too lazy to copy paste the article​

It is 100% clickbait but it also shows just how hard the pendlum has swung.
Just a year ago someone tearing down and defacing LGBT propaganda would be almost unversially shunned and shamed. Identified and fired from his job.
Now we are at a situation where he does it publicly and even uploads video of it for clout and millions and millions of people are publicly showing their support calling him a hero.

That is a massive change in such a short time.
 
Literally no one likes troons. I'm glad people are starting to vocalize their dislike of these freaks instead of being too scared to speak out.
Not no one: the corporate c-suite types absolutely adore troons. They're the perfect consoomer: the income of a man, the spending habits of a woman, and will never have kids so they'll have larger amount of expendable income compared to an actual normal human being.
 
I kind of disagree. No it won't undo 50+ years of globohomo but I've been seeing more and more normies in my life including some basic white thot types and just grill boomers talk about how creepy the LGBTQAP+ movement has gotten and that's a pretty fucking huge crack in the cathedral since just a few years ago people were so afraid of troons and their handmaidens that troons were raping children with impunity.
I'm trying to slowly but surely wake up some relatives and it's.... Working. Slowly but they're not toeing the big standard leftist line anymore.
 
Some of you niggers are too black pilled. I remember the exact same doomer coping when the bud boycott started. "They only lost over 10% of their market value in a week no biggie!" Yeah, and if it continues? Like holy shit, give it some fucking time to see what happens before you roll over and die like a bitch.
 
I'm trying to slowly but surely wake up some relatives and it's.... Working. Slowly but they're not toeing the big standard leftist line anymore.
"I'm not a TERF, but..." is a first step. Hearing that from a lot of women.

When she completes the sentence with "... trannies need to go to the gas chamber" then mission accomplished.
 
In the span of about six months mentioning BlackRock has gone from someone on this site signaling they were a little better informed to someone being a complete conspiratorial sped.
BlackRock isn't why every corporate entity keeps engaging in these self-sabotaging actions. It's because left-wing politics are a sign of being upper class, and guess who makes up most of our pencil-pushing corporate leadership?

You can realize it's a class issue without going full commie. No single hedge fund is capable of forcing these kinds of repeated losses against all good financial sense.
Yep although the cultists of this movement can and will piss away BILLIONS to shove that shit down everyone's throat until the cash runs out. Thankfully the cash will eventually run out.
And I'm sure you totally believed it was just dumb college kids when they were hyperventilating about culturally-appropriating Halloween costumes ten years ago.
There is a cult that has taken root in our upper class and it will prevail despite all reason long after the rest of us stop tacit supporting it with our money.
Yes wokeness has become a luxury belief of the rich leftist elite for the last 5-7 years. The real world didn't beat it out KFi them, they just doubled down and started screeching and broke the resolve of some gigantic pussies on corporate American and then began working for those same institutions.
It is also a matter of, like all these virtues, that it is easy to push virtue signalling really hard when there is no cost of doing so. It is safe, does not cost anything and there are no consequences so it is easy to keep screaming "Protecting and supporting trans lives is the single most important issue facing the human race today and forver!!!"
That is very easy to scream loudly over and over when it has no consequences for yourself personally. And it makes you look really virtuous.

But what is starting to happen now, and is also driven partly by the recession, is that it is no longer all that consequence-free to do so. And as soon as there is a cost then support will falter.
"What the fuck do you mean, I can not afford to buy food for my family but you want me to donate to a faggot event to collect money for childrens dildos?"
"What the fuck do you mean my 401k has lost 10% over the last year while food prices go through the roof".

Very quickly people just drop the virtuous thoughts like a hot potatoe, because they actually never believed in them they were just a virtue got gain admiration from fellow man.

Target and Bud are just two extreme examples of this. But it is happening across society.
Yes, the moment the pension funds and other gigantic retirement funds start getting antsy and the biggest individual shareholders start asking pointed questions on earnings calls, this shit will get dumped FAST, especially when corps that aren't doing it are materially doing better.
People are accurate it's a cult. But I'm seeing around, increasing links,

View attachment 5136612
Lol what a fucking faggot.
Some of you niggers are too black pilled. I remember the exact same doomer coping when the bud boycott started. "They only lost over 10% of their market value in a week no biggie!" Yeah, and if it continues? Like holy shit, give it some fucking time to see what happens before you roll over and die like a bitch.
Agreed, any victory, however small, is a step forward. As a Chinaman who loved giving women syphilis said "The journey of 1,000 miles starts with a single step"
 
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