Posted on 08/20/2014 5:37:51 AM PDT by SoFloFreeper
Target Corp. lowered its outlook for the year....
The big-box retailer, which also posted a 62% decline in earnings for its second quarter, has been trying to bounce back from the data breach over the holiday season. The company booked expenses tied to the fumble of $148 million in the latest quarter....
(Excerpt) Read more at marketwatch.com ...
Unlike many other businesses that choose to go that way, Target WAS a store I patronized.
Now I have to drive a little further, but that is fine. I have gone JC PENNEY on you.
Ditto. Businesses become political at their peril. They could have just kept quiet; they didn’t and should now suffer the consequences.
“Gay Marriage” will save them!!
In addition, Target announced they didn’t want customers who conceal carry, in their stores.
Target is taking the JCP route...refusing to acknowledge their homo-hugging (Ellen Degeneres-loving) is driving a lot of folks away.
Next year they’ll claim it was “the weather”.
Not a problem for me as my money is mobile.
Blaming poor sales on data breach. Yeah right.
Businesses also ignore their successful business models at their peril. Back then Target started out, they were a bit upscale, with very good quality merchandise selections that shaved a few dollars off the price for quality at upscale retailers. It was a place where there was a lot of nice and interesting merchandise, attractively displayed.
I went into a Target a few months ago. There's no longer any reason for it to exist. The merchandise wasn't the good values and uniqueness of old, it was a bit more like WalMart. And then their political stuff? Forget it.
Target will go the way of K-mart
Yes, Target’s move is going to alienate many of its customers.
I suppose the analysts could be right, but my own anecdotal data shows that it was a breech of a different kind that caused their loss in sales.
“breech” >> “breach” (still can’t spell after all these years)
I’m thinking the “loving gays” statement won’t help much either.
My wife’s card was stopped due to their lack of security so we cut way back on shopping there, then they decided to tell us they no longer wanted us to carry in their stores so nobody in our family will even walk into a Target. Never again will they get a single penny from us.
Just like J.C. Penney, they cater to the 1% homo crowd and insult Christians and gun owners (mostly one in the same) and then wonder why their sales tank. Also, just like most large corporations’ liberal boards and CEOs they will use some lame excuse for their loses rather than admit to the reality that conservatives have a larger influence upon purchasing than liberals.
Pushing the poofter agenda isn’t winning them customers either.
Siding with the sexual deviants didn’t help them much either.
and that is why I stopped going to Target
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