Target cuts outlook, says market 'difficult'

MIlwaukee ^ | 8/17/2016 | ANNE D'INNOCENZIO

[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.

[UB355]

A little something missing in the reporting

[stars & stripes forever]

How are those transgender dressing rooms working out, TARGET?

[MichaelCorleone]

Mmmm....maybe ‘going pervert’ isn’t such a good business model after all.

[Enterprise]

Well, we suck financially, but check out our multi sexual peeping tom rooms.

[stocksthatgoup]

I heard WalMart has product just walking out the door. No cashier required.
Besides no one goes to Target anymore, it’s too crowded.

[proust]

Must be horrible for Target workers. Nothing worse than a retarded boss making stupid decrees.

[napscoordinator]

Good! Coincidentally, My family hasn’t stepped foot into target since they decided we could use whatever bathroom we wanted.

[Gaffer]

Maybe they shouldn’t allow freaks, weirdos and pedophiles being put in a position to have their little children raped and molested in a Target bathroom

[CodeToad]

[AngelesCrestHighway]

Beat me to it...Those trannie issues are affecting the “bottom line”

[lurk]

The article calls Target a discounter. Uh, no. They only thing low at Target is their worldview

[Seaplaner]

One suspects that a whole lotta peeps have been self-identifying as non-Target-shoppers!

[SkyDancer]

Quit going after they banned/restricted the Salvation Army.

[proust]

Libs applauded when Macy’s dumped Trump.

Libs applauded when Target went full queer.

But Libs don’t continue to support these places with their cash. They just move on to the next “injustice” shakedown.

[glennaro]

Their plans are working. They've nailed down the market segment consisting of grown men with deep voices and beards who want to use the bathroom and dressing rooms with little girls.

Problem is, that market segment is tiny! (Perhaps they didn't realize this before ... Ha!

[Enchante]

Haven’t set foot in my local Target since they issued their awful bathroom decree. I hope they lose all their business.

[cyclotic]

Markets are difficult. They are more difficult when you’re stupid. Apologies to John Wayne.

[alloysteel]

Some 95% of all woe suffered in this world is, in some manner or another, self-induced.

Target, true to their name, took dead aim at their own foot when they went all “transgender”.

[Blennos]

Good! Coincidentally, My family hasn’t stepped foot into target since they decided we could use whatever bathroom we wanted.

We have done the same. Neither my wife nor I will give Target any more business. Target is learning that trendy political posturing has its price.