Posted on 04/30/2016 7:34:41 PM PDT by SeekAndFind
I am going to try to explain this one more time.
Unless you simultaneously consider that in the 2 or so weeks the boycott has been going on and those 1/x MM people signed that petition, “Target” and “Target Stores” received hundreds and hundreds of mentions across virtually all media, a thing known as advertising they pay millions and millions of dollars for. So. 300 million people heard Target Target Target and of those let’s say 10% have wallets and purses and spend money. Each of those impressions is an exposure, the precise, exact thing that advertisers pay tens of millions of dollars for. It does not matter whether those impressions are in a neg or pos light. Look at the chart of Target stock, the public completely and totally forgave Target for the credit card breach, theirs being the MOST NOTORIOUS and theirs being perhaps the paradigm event in the so many that have occurred since that time. Additionally, Target paid tens of millions of dollars in penalties. So that event, which DID PRODUCE real harm and MANY folks reported frauds on their CCs....did roughly nothing.
JCP is utterly different. I for one have never found their mdse to be of any desirable quality and rarely shopped there. They have located themselves in mediumish or sub-medium malls generally now considered to be less attractive and convenient places to shop, if not becoming hangouts for poorly behaved teenagers and worse. And which, with Amazon completing the picture, are likely headed in a negative direction. And their mgmt flipped around through several different sales strategies.
If you don’t want to shop TGT, don’t. My single, specific, well exampled point is that the people who think their two week old boycott whose impact or lack of impact has not even made it to TGTs internal monthly sales figures on a day when the entire market suffered its worst loss in 2 months and hit many, many stocks far more than TGT, are just being naive. They never, ever consider that the publicity generated by their boycott has every possibility of INCREASING the advertising exposure of some retailer like Target.
Penny’s went from a high of around $89 to the $9.
I don’t think at all that they thought it was populous.
It was way more of a FU to decent people.
Better sell before it hits $9 like Penny’s.
I’m effectively >short< the stock, my bet IS for it to fall. $9 would be a spectacular win.
Barring a complete market meltdown, I expect nothing much beyond ~~$69-70.
Your top 20 reminds me a little of the global warming story yesterday. It said that 300 people had died in the last month in India, a nation with 1.3 Billion people because the weather was warmer than normal. It could be true, but 57,000 people also died in India last month from diarrhea. 300 people probably died in India from falling over when they were trying to tie their shoe.
I doubt whether any of the crimes you mentioned have much if anything to do with Target’s corporate policies. There are perverts and criminals everywhere these days; you are not completely safe anywhere.
It isn't my Top 20.
It is a summary of an article that was posted earlier on F.R.
I posted it with the intent of adding a little more detail to this thread.
I also posted a link to the original story which provides even more detail..
Like everything else, it is only a snapshot.
How the reader evaluates it or uses it is up to the individual.
I didn’t mean any disrespect. I just do not think that retail establishments have any more control over those who come through their days any more than political campaigns have control over those who show up to protest them.
LOL this is biting them pretty hard. Good
I think over time it goes way lower.
Nobody is being badgered to worship. No one is supporting Puritan-style laws commanding church attendance.
But most Americans say they are Christians. This is a Judeo-Christian founded country. If we give up “Christian” for “public decency”, it gets watered down to nothing.
” Doesn’t matter about boycotts if they work or not, it’s still a missed sale.”
You don’t need an MBA From Harvard BS to figure out how stupid the Target executives are. Just broom the SOB’s and hire a few with some street brains : )
Target shares have hardly “plummeted.” Believe me, I have owned stocks that have plummeted! That said, the share price is on the decline and I just sold my very modest position after seeing Target’s odious CEO on TV proudly defend his company’s “inclusive” and “welcoming” policy. He will be receiving a copy of my order confirmation with a cordial but firm note advising him of my decision and as well as our decision as a family of six not to patronize his loony bin stores.
You don’t need an MBA From Harvard BS to figure out how stupid the Target executives are.
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