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Target cuts outlook, says market 'difficult'
MIlwaukee ^ | 8/17/2016 | ANNE D'INNOCENZIO

Posted on 08/17/2016 9:01:43 AM PDT by UB355

Minneapolis — Target cut its profit and comparable-store sales outlook amid stiffer competition and its own stumbles in areas like grocery sales. The discounter’s second-quarter net income fell nearly 10%, though that was better than what most had expected. Sales at stores open at least a year fell 1.1%, reversing seven straight quarters of gains. Target shares were down more than 6% in mid-morning trading Wednesday. The quarter underscores challenges that Target and other retailers face from Amazon.com and shoppers who remain cautious about spending.

(Excerpt) Read more at jsonline.com ...


TOPICS: Business/Economy; Front Page News
KEYWORDS: badmovetarget; bathroom; bathroomwars; boycott; boycotttarget; equity; frontpage; gayrights; gaystapo; goingfullretard; haha; homosexualagenda; lgbt; lgbtq; lol; lulz; perverts; retail; selfdestruct; selfinflictedwound; stock; stockmarket; stocks; suicide; targay; target; targetstock; tgt; toldyoso; trangender; trangenderbathroom; transgenderbathrooms
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To: MichaelCorleone

Just ask Macy’s and JCP how that worked out.


21 posted on 08/17/2016 9:09:37 AM PDT by IllumiNaughtyByNature (HTTP 500 - Internal Server Error)
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To: cyclotic

Excellent


22 posted on 08/17/2016 9:11:40 AM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: MichaelCorleone

JCPenny’s found out that marketing tack is a loser.


23 posted on 08/17/2016 9:12:42 AM PDT by amihow (l8)
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To: HANG THE EXPENSE

24 posted on 08/17/2016 9:13:24 AM PDT by dfwgator
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To: MichaelCorleone
Mmmm....maybe ‘going pervert’ isn’t such a good business model after all.

They went full pervert.

Never go full pervert.

25 posted on 08/17/2016 9:14:06 AM PDT by MAexile (Bats left, votes rights)
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To: Blennos

Ditto that.


26 posted on 08/17/2016 9:14:07 AM PDT by day10 (You'll get nothing and like it!)
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To: UB355

Its difficult when you make stupid decisions.


27 posted on 08/17/2016 9:15:08 AM PDT by Old Yeller (Hillary is Satan's spiritual advisor.)
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To: cyclotic

28 posted on 08/17/2016 9:15:18 AM PDT by AngelesCrestHighway
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To: UB355

Target will have plenty of empty dressing rooms for the men who think they are women. They will never admit that they committed suicide with that stupid move.


29 posted on 08/17/2016 9:15:39 AM PDT by txrefugee
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To: Blennos

Looking at the latest numbers that price appears to be about 10 percent. That’s on the year.


30 posted on 08/17/2016 9:15:52 AM PDT by wbill
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To: day10

Target is just a woman’s store

There are others to go to


31 posted on 08/17/2016 9:16:29 AM PDT by Hojczyk
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To: UB355

We’ll see how this compares to other retailers. Walmart’s Q2 comes out tomorrow.

Freegards


32 posted on 08/17/2016 9:16:51 AM PDT by Ransomed
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To: UB355

“......The discounter’s second-quarter net income fell nearly 10%, though that was better than what most had expected. Sales at stores open at least a year fell 1.1%, reversing seven straight quarters of gains. Target shares were down more than 6% in mid-morning trading Wednesday....”

________________________________________________________

If you had just 5% of customers walking away ever since Target decided to go full retard for transgenders, there is lies a big factor. I personally think it is higher than that.


33 posted on 08/17/2016 9:18:08 AM PDT by TMA62 (Al Sharpton - The North Korea of race relations)
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To: UB355

Target was having issues with grocery sales even before the transgender bathroom dust-up. For some reason they can’t keep their shelves stocked properly. Why go grocery shopping at Target if I am going to have to go to another store to get everything on my list? Grocery shopping is a pain in the @$$ as it is. Having to go to two stores just doubles it.


34 posted on 08/17/2016 9:19:58 AM PDT by toast
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To: MichaelCorleone
Mmmm....maybe ‘going pervert’ isn’t such a good business model after all.

Bump!!

35 posted on 08/17/2016 9:19:59 AM PDT by upchuck (The very worst of Trump is much better than the very best of Killary. Go TRUMP!)
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To: UB355

They won’t learn. There are a lot of normal Americans out there.


36 posted on 08/17/2016 9:20:37 AM PDT by ilovesarah2012
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To: UB355

they’re building a bigger TARGET in Hollywood near me. How could this be? s/


37 posted on 08/17/2016 9:21:51 AM PDT by max americana (fired every liberal in our company at every election cycle..and laughed at their faces (true story))
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To: UB355

Looks like they overestimated the size of the pervert/deviant market.


38 posted on 08/17/2016 9:22:47 AM PDT by matthew fuller (People committed to the death of unborn babies have no conception of morals.)
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To: UB355

The only ones the market is ‘difficult’ for are the one with an idiot CEO who makes stupid political stances and tells customers she does not care what they think of it.

She should be fired immediately. She’s only cost target stockholders a billion dollars.


39 posted on 08/17/2016 9:24:19 AM PDT by Mr. K (Trump will win NY state - choke on that HilLIARy)
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To: UB355

1. Target primarily marketed to women.

2. They invited male predators into the women’s restrooms.

3. Business declined.

If you have an Ivy League MBA, you are smart enough to know that there is no connection between 2 and 3.


40 posted on 08/17/2016 9:24:20 AM PDT by PAR35
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