Which corporation will be next? After Target obviously didn’t learn a thing from the Bud Light fiasco, other woke companies like Kohls, Petsmart and Chick-fil-A are looking to pick up the slack. The groomers at Target are now down $12 billion in value in just two weeks since going groomer against kids.
Let me clarify this one more time for you left wing nut balls who don’t seem to get it. No one cares if these companies are selling pride stuff to adults. But when you start targeting kids (and it Petsmart’s case, your animals), then people have issues. It’s not too hard to understand.
Target lost $12B in 14 days. “Get woke, go broke” is no longer just a slogan. pic.twitter.com/Ehxrv3GLpi
— End Wokeness (@EndWokeness) May 31, 2023
Target’s stock price has continued to trend downward after reaching its lowest point in nearly three years last week, marking its longest losing streak since 2018.
The retail giant’s losses over the past couple of weeks have swelled to over $12.4 billion as backlash grows over its decision to sell Pride merchandise to children.
According to Fox Business, Target’s market value has been in freefall since mid-May, going from $74 billion to nearly $62 billion in just two weeks.
Target’s financial hardships have come amid growing calls to boycott the stores after it was revealed that a selection of LGBTQ-themed clothing and accessories had been made available to children.
As the backlash grew, Target reportedly held “emergency” calls with a number of managers and district senior directors, instructing them to scale down stores’ displays of Pride-related merchandise to avoid a “Bud Light situation.”
It was later revealed that Target told its employees that those who worry about the sexualization of children are “extremists.”
In the internal memo, titled “Threat Overview,” the company stated that “as political and social tensions rise ahead of the 2024 presidential election, Target will face a continued increase of physical security threats related to our commitments on contentious social issues including support of the LGBTQIA+ community and Pride Month.”