Posted on 05/24/2016 9:43:26 PM PDT by Morgana
The Rev. Franklin Graham says Target CEO Brian Cornell is in denial over the reason for the company's plunging stock prices, insisting that the conservative boycott against the retailer's transgender bathroom policies is playing a key role.
"Target stock is tumbling after they announced a pro-transgender restroom policy allowing men to use women's bathrooms and changing rooms. Stock value has fallen 20 percent and shareholder value has lost $10 billion since they began promoting this dangerous policy," Graham wrote in a Facebook post on Monday.
He then referred to a media statement made by Cornell, where he denied suggestions that the conservative boycott is to blame for Target's financial setbacks.
"To date we have not seen a material or measurable impact on our business. Just a handful of stores across the country have seen some activity and have been impacted," Cornell told Forbes last week.
Graham responded: "Really? He must be in denial. Wake up corporate America and stockholders — American families clearly do not want this. Over 1.2 million people have signed the online petition to boycott Target stores. This is sending a strong message, and I hope that millions more will sign it."
The leader of the Billy Graham Evangelistic Association linked to the petition started by the American Family Association, which has collected over 1.2 million signatures against Target's new bathroom policies allowing customers and employees to choose which bathroom they go to based on their gender identity.
While Target has explained that its directive is aimed at being inclusive and helping all customers feel welcomed, AFA warned that it opens up a very dangerous situation for women.
(Excerpt) Read more at christianpost.com ...
I say protect your children, especially your dtrs, even if they're 10 or 11 or older...
ask for a security guard to stand outside the br...make a stink about it....prance outside the br or the fitting room and make a scene.
Hold that thought about a security guard, I’m not done posting.
we sure won’t shop there anymore, that’s for sure!
Does anyone have a breakdown of their quarterly earnings by date from when they announced this policy and the boycott started and grew? Seems like that would be the way to know for sure if they are being impacted by this policy or not, right?
Freegards
Throw in, do NOT give the kiddos drinks whilst you are out. :-)
Take yourmbets on how long or how many billions target loses before their board finally removes their idiot ceo, who will lose his career over the dumbest line in the sand, ever drawn.
If their board wont man up and remove him, target deserves to go into bankruptcy.
Not only did they not learn from JC Penny but after what happened at Target Canada I’m shocked he still is CEO
I heard that Ross has now joined the Target Save The Transvestites campaign. I don’t think they have as much room for error as Target has. Ross may want to rethink acting retarded.
I don’t want my girl friend, my grown daughters and grand daughters exposed to unsolicited male junk. I have a hard time believing most others feel the same.
JC Penny never recovered. Why Ross would even try it is just beyond me.
Franklin. Shhhh.
Wife used to shop there fairly often, me maybe once a month. However, neither of us have been in one since they announced their idiotic policy. Neither of us have any plans to return.
Yeah, the CEO blamed the poor results on the weather. Funny, Walmart is subject to the same weather and they beat expectations. Methinks CEO Cornell just made a MD&A misstatement. Let the stockholder suits commence.
Nordstrom stock has fallen from $80 to under $40 in the last 12 months. Almost all retail has performed poorly because of disappointing earnings. I am disgusted with Target’s bathroom policy but I don’t think that’s the reason its stock has fallen, at least not entirely.
What happened to Target Canada?
It’s stocks lost $20 since they announced their bathroom policy.
That’s a 23% loss since the tranny bathroom policy.
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