Target Boycott WORKED! MASSIVE LOSSES & HUGE Stock Drops! Shoplifting & Threats the NEXT Problem!
Everyone could see that Target was getting pinched in May and June, but now the financials are in and you cannot refute that the boycott was successful. Every metric fell below expectations and their year end goals are likely to be missed, all thanks to the Pride Collection debacle. You know what they are tucking away in those swimsuits? Profits.
The only metric that is up for the Minneapolis based retailer is violent threats and shoplifting. Up more than 120%, it's a phenomenon that is not unique to Target, as you have likely seen, but is definitely hitting them the hardest.
Continue to blame the Conservatives, but they aren't the ones walking out of the stores with carts full of unpaid merchandise!
Sources:
New York Post 1: https://nypost.com/2023/08/16/target-suffers-sales-drop-after-pride-month-backlash/
NYP2: https://nypost.com/2023/08/16/violent-thefts-at-target-more-than-doubled-this-year-ceo/
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