XPost: alt.fan.rush-limbaugh, alt.transgendered, sac.politics   
   XPost: talk.politics.guns   
   From: transheuser-busch@gmail.com   
      
   On 18 Oct 2021, Kurt Nicklas  posted some   
   news:skl4k5$gcm$1@news.dns-netz.com:   
      
   > Target needs to die like Sears.   
      
   Target has seen a significant drop in its market value as the retail giant   
   faces a consumer firestorm over the displaying of pride merchandise in   
   stores around the nation.   
      
   This controversy follows a boycott against Bud Light due to their decision   
   to market products with transgender social media influencer Dylan   
   Mulvaney.   
      
   Former Target Vice Chairman Gerald Storch joined “Fox & Friends Weekend”   
   and revealed the one item that “made the difference”  against the   
   competition and sparked the backlash.   
      
   He explained that many retailers carry pride merchandise, “you know, the   
   plates that had different colors in it. Fine. You show the rainbow, you   
   know, a gingerbread house, whatever you are, that’s all you know. Who   
   cares? Everybody carries that stuff.”   
      
   Storch targeted one item from the store’s pride collection that set it   
   apart from its competition and ignited the consumer firestorm.   
      
   “I’ve never seen a case where one item, that tuck swimsuit, that’s really   
   what made the difference versus the competitors. That’s where the big   
   mistake [was] made,” said the former Target executive.   
      
   https://nypost.com/wp-   
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   The former executive shared an example of how he handled controversy with   
   Babies “R” Us.   
      
   “We had a contest where the first baby of the year would get $20,000. You   
   know, people were up in arms because guess what, the first baby the year   
   was born to an undocumented immigrant and they didn’t have a tax ID or   
   anything, and the people are, ‘oh, God, you can’t give it to them. You   
   have to give it to them. Figure out a way.’ He continued, “You know what   
   we did, we gave it to two babies and we put out a giant press release. We   
   love all babies.”   
      
   “At the end of the day, if you embrace and you show that to people and you   
   know, I hear you every morning, you know this, too. That’s how you get a   
   problem, is you have to address it as a real problem and show love for   
   people and it works,” he added.   
      
   “Now going out of the problem, you have to show love. I know that sounds   
   kind of funny, but, you know, forgiveness and love, that’s part of America   
   and that’s what you have to do.”   
      
   Storch noted that Target experienced economic trouble as well.   
      
   “Target stock has certainly been performing poorly off 11% year to date.   
   So that’s not good, and certainly, this boycott of the whole issue here   
   isn’t helping. It’s very distracting to have that going on in the   
   business. But there are more fundamental concerns with that, with the   
   environment, with the consumer and with the business here,” he noted.   
      
   The company’s market value has taken a tumble since mid-May with a decline   
   of over $12 billion dollars.   
      
   “Target’s decline in stock, — actually began on May 18th.” He explained,   
   “that’s the day Walmart reported seven percent gain in comp store sales on   
   the prior day. Target had reported flat sales, year flat at Target, up   
   seven at Wal-Mart. There’s no way that comparison looks good.”   
      
   “The consumer is feeling very stressed, very stressed by the environment,   
   by inflation, and Target is known as the upscale discounter. So it’s not   
   good to be the upscale discounter at a time when the consumer doesn’t have   
   a lot of money to spend. So they’re migrating more to Wal-Mart, and that’s   
   a huge problem.”   
      
   “While there’s no doubt the boycott is part of the problem, if you read   
   the reports about Target during this period and the analysts keep in mind   
   related to the investors, who are the ones who are buying things about the   
   stock or in this case probably selling picks amount of stock. They’re more   
   concerned with the fundamental business issues.”   
      
   Storch noted that Target’s investors are watching “very, very carefully”   
   and want to know the impact on sales.   
      
   “You know, they [Target] certainly didn’t handle this well, either going   
   in or trying to deal with it on the way out. But I think over time, this   
   is not going to be a big issue for them,” he said.   
      
   SodiumPen   
   15 hours ago   
      
   Clearly, Target, et al, value virtue signaling and their equity scores   
      
   [continued in next message]   
      
   --- SoupGate-Win32 v1.05   
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