This latest snafu has got to be crushing them. If you absolutely have to shop there make sure you only buy name brand items and not the Target branded goods. They make most of their profit off of the various Target brand items. This boycott will have devastating long term effects. Keep the pressure on!
What people aren’t remembering is that Target has been losing profit for a couple years now. Just type in a search bar “2022 article Target retailer suffer loss?” And you’ll get dozens of articles like this one: https://www.cnn.com/2022/05/18/investing/target-earnings-inflation/index.html
This latest snafu has got to be crushing them. If you absolutely have to shop there make sure you only buy name brand items and not the Target branded goods. They make most of their profit off of the various Target brand items. This boycott will have devastating long term effects. Keep the pressure on!
Unfortunately, that is not true.
If you look up their financials, you will see they have been making profits consistently.
In Q2 2022, their profts dropped significantly, but they still made a small profit, and it has been going up since.
https://finance.yahoo.com/quote/TGT/financials?p=TGT
Hopefully, this boycott will cause them real pain in their financials. It's what they deserve.