From article:
Woke retailer Target has recently suffered a significant decline in profits as it pushes to normalize the transgender lifestyle. On Wednesday, Target revealed that its second-quarter profits for this year have fallen nearly 90% after being forced to slash the prices on unwanted merchandise.
The company’s second-quarter net income was only $183 million, after earning $1.82 billion in the same period last year.
In the first quarter, Target also saw its profits fall by 52%.
Since introducing its transgender agenda in 2016, Target has been angering many of its previous customers and losing business. They began their woke initiative with a policy that allowed transgender-identifying males to use the women’s dressing rooms and bathrooms.
Woke agenda is probably part of it, but a lot of retailers are reporting business levels are down. I believe the poor management by our government has everyone worried about what is going to happen next. People are buying less unnecessary items and people have less discretionary income.
I'm sure if we try harder, we can push that number up closer to 100%! I'm willing to do my part.
If they want to get rid of that crap, all they need to do is piss off the Leftists. Store gets looted and burned then they can claim it on their insurance.
That’s one big reason I stopped shopping at Target. I used to buy mostly clearance and good discounts from target discount system. I used to order my household basics from target at least once a month. They give discounts on something only if you pick up or shop in the store. I’m thinking their local store business has fallen a lot since beginning of plandimic. People started ordering online and not shopping locally. I’m not ordering something at full price & they give 15 to 25% discount only locally. Most stores in my area don’t have enough employees to run the registers. My Target shopping days are in the past!
Lol... I shop stores that buy pallets of old/unwanted/returned Target merch... that's where this craps going. I've already seen a good amount of it, and it sounds like another deluge is coming. 😂 Literally no one wants this filth.
On the flip side, if you like any target crap, those are the places to get it for cheap without supporting Target.