Target CEO Blames Weather For Tanking Business…No, Seriously

redstate.com ^ | 05/23/2016 | Brandon Morse

[NetAddicted]

Just realized: Target nearest my house was turned into a Walmart mini-store.

[ButThreeLeftsDo]

Just reporting what I am seeing over the past several weeks.

YMMV.

[BloodScarletMinnesota]

How many securities law violations is he going to commit with these false and misleading statements?

Target is basically a government protected company due to its long-standing political affiliations and connections.
Gov. Mark Dayton inherited all his wealth from precursors of today's Target.

It's doubtful that politically well-connected companies like Target will be cut off from the spigot of taxpayer subsidies any time soon.

[BloodScarletMinnesota]

What? A transsexual?

No, "youths" and "teens", as the media say.

[Windflier]

My family never goes to the Target up the street, because it’s always cold and rainy there. The weather at the Wal-Mart at the other end of the boulevard is always sunny and beautiful, so that’s where we shop.

[stocksthatgoup]

Global warming

[Rebelbase]

The CEO is BS-ing to save his bacon for another three months.

The next quarterly report showing decline and he’s toast.

[Lorianne]

It was a very mild winter in most of the country in the Q1 2016. But it was not the bathroom thing either as that started in Q2

The bathroom flap will show up in end of Q2 results ... after June.

[trebb]

He has certainly created an unhealthy climate for potential shoppers......

[trebb]

Lately, shopping at target has been a huge disappointment and waste of my time. Cheap overpriced junk - reminds me of ikea or walmart. And after seeing a particular “element” today hanging out in the coffee shop, I won’t be going back.

But with all the empty aisles and checkouts, it sure might be convenient.....

[combat_boots]

Get the nets!

[fivecatsandadog]

BLM-type yutes

[IamConservative]

At the end of their 3rd quarter, he be like: “Sun got in my eyes man.”

Wonder if the stockholders will bring a class action suit, or be happy with just running him out of town?

[RegulatorCountry]

Unseasonable weather actually can have adverse effects on retail sales, in apparel particularly. So, he’s not being entirely disingenuous. But, with Walmart being up in the same period, it comes across as rationalizing.

[Joe Boucher]

perverted son of a bitch should be forced to take a drug test

[matt04]

Same in my area. Target and WM are about 10 minutes apart. I’ve seen the WM busier late at night than Target during prime late afternoon/early evening hours when people get out of work.