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Target has lost NINE BILLION DOLLARS in market cap over the last week, on the heels of backlash over their “Pride” collection targeting children. As an internal memo shows, it’s happening during the worst possible week. Not only is the store being harassed by people choosing not to spend money there, but it’s the anniversary of George Floyd’s death.
No, seriously. That’s what’s been leaked in an internal coping memo to employees about all the bad things happening.
Yesterday was bad, but today?!
Today brings more reflection, pain. and the need for continued care as our team, hometown and world remember the anniversary of the murder of George Floyd.
Today marks the three-year anniversary of George Floyd sacrificing his life for social justice (shout out Nancy Pelosi). Target employees are encouraged to take space from themselves to cope.
The whole losing money thing is a different problem. Target came under fire when it social media users observed they were selling swimwear with new “tucking” technology for minors. “Tucking” is something you do if you have a weiner you don’t want to have but aren’t committed to the gimmick enough to chop it off if you’re an adult. If you’re a kid, it’s very well something you will grow out of if your public school doesn’t get a hold of you.
As one YouTuber shows us, the store has a whole collection of rainbow color merchandise for virtue-signaling parents and their children. The “no validation needed” t-shirt is my favorite.
Since the controversy started, Target has seen a 12% drop in stock price that erased $9 billion off the company’s market capitalization. Not that Target is any stranger to losing money. They are just used to the money being lost due to shoplifting caused by progressive policies put in place by the progressive leaders Target as a corporation supports.
Now the store faces radical right-wingers deciding they are going spend their money elsewhere. Oh well.
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Brodigan is Grand Poobah of this here website and when he isn’t writing words about things enjoys day drinking, pro-wrestling, and country music. You can find him on the Twitter too.
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