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Target Sales Plummet – 5.4% Sales Decrease – CEO Blames Boycott


The major retail giant Target has reported a 5.4% decrease in sales.

What does Brian Cornell, the CEO of Target, blame?

The backlash of the LGBT merchandise aimed at CHILDREN.

So when anyone tries to tell you that boycotting these mega-corps doesn’t work.

Here’s your proof.

Until these companies learn that it’s not ok to shove LGBT products on children, they will continue to suffer monetarily.

Let’s see what the folks at Fox News have to say:

Target experienced a sales downturn in the second quarter amid ongoing consumer backlash from the retailer’s Pride and transgender merchandise.

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Comparable sales slipped 5.4% while the $24.8 billion in total revenue was 4.9% lower than last year.

Negative reaction to Target’s Pride collection had a material impact on sales, Target CEO Brian Cornell said on a call with reporters.

“As we navigate an ever-changing operating and social environment, we are applying what we learned” he added.

Last month, Target confirmed “adjustments” to the Pride merchandising plans were underway after Fox News Digital learned it rolled back displays at some of its locations. Backlash to merchandise, including “tuck friendly” swimsuits, forced the company to move items from the front of their locations.

Following the rollout, Target’s market value has fallen to $57. 7 billion from $74 billion.

After Target removed some items in June, Cornell said it “saw things normalize,” but the retailer will continue to have a collection for Pride month and other heritage months.

Target now expects annual comparable sales to decline in the mid-single digit range compared to its prior forecast of low-single digit decline to a low-single digit increase.

The retailer also said it expects 2023 adjusted profit per share between $7 to $8, compared with the prior range of $7.75 to $8.75.

These corporate billionaires ultimately care the most about their bottom line.

They probably thought by pushing this agenda on children they could make a quick buck.

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We showed them that they need to leave our children alone.

Check out what DC_Draino said on Twitter:

The American people have still not forgiven Target.

We want to make an example out of them for others to know this is NOT ok.

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The New York Times has more on the story:

“At the heart of our purpose is our commitment to bring joy to all the families we serve,” Mr. Cornell later said in response to a question about how the retailer was approaching inclusivity, particularly when it comes to the L.G.B.T.Q. community. “So we want to make sure Target’s that happy place for all of our guests.”

Target executives also said that the company saw a “sequential improvement” in foot traffic in July. That month, Target also ran promotions around Amazon Prime Day.

Spending growth has cooled somewhat since pandemic splurges in which big-box retailers like Target benefited from a significant boost in traffic. Target said it expected comparable sales to see a mid-single digit percentage decline for the remainder of the year.

Several major retailers are reporting their latest earnings this week. On Wednesday, TJX, which owns T.J. Maxx, Marshalls and HomeGoods, reported a 6 percent jump in comparable sales in the second quarter and raised its forecasts for the year. TJX said it had strong foot traffic to its stores and demand for apparel and home goods. Analysts expect comparable sales at Walmart, which reports earnings on Thursday, to rise about 4 percent in the second quarter.

Another company swept up in the current political and cultural environment in the United States, the beer-making giant Anheuser-Busch InBev, also recently reported a sharp fall in its second-quarter sales, as it counted the cost of a conservative-led boycott of Bud Light after the brand’s collaboration with a transgender influencer. The company’s revenue in the United States in three months through July fell more than 10 percent from a year earlier. During that period, Bud Light lost its spot as the nation’s top-selling beer, to Modelo Especial.

Target CEO is rigid in his stance and still wants to push LGBT merchandise on the public.

We’ll see how long they can last.

This current dip in revenue is only the beginning.

Continue to boycott these evil corporations.

Put a hole in their pockets and secure America’s future!

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#Trump2024

Meanwhile….

Where Do You Shop If You Leave Target? Details HERE…

The boycotts of woke corporations are working – even CNN is now acknowledging their power.

And actually, it’s not just Boycotts but BUYcotts that are having a real impact.

A Boycott means not shopping somewhere due to principles to make a statement.

But a BUYcott is really powerful.

A Buycott means you actually move your shopping somewhere else.

A Boycott is kind of like a strike at work.

Eventually most workers on strike just go right back to work at the same place.

But a Buycott means you move away and never return.

Now you can see why it’s so powerful!

And why even the top level execs in these big companies are starting to admit that we are winning.

And they’re getting scared.

Check out this clip from CNN below…

Of course, most of what CNN says here is nonsensical gaslighting about “inclusion” and how bad the right wing is.

Their typical drivel.

But some truth comes out in this segment — watch (transcript of highlights below):

From the video:

Christine Romans:  . . . I think it caught the C-Suites by surprise, this right wing culture warrior movement. Inclusion has always been good business for these companies. Their employees want it, their customers want it. It’s always been, uh, a good business. And on earnings calls for years, you’ve heard these CEOs and CFOs talk about inclusion, uh, diversity and equity and inclusion, and all of a sudden they’re a little bit quieter about that because they’re seeing these instances where their brand has been pillared for being inclusive. And so they’re trying to figure out how to tread this water.

Ron Brownstein: You know, these boycotts have to be seen, I think, as part of a broader movement. I mean, the Red States in many ways are building a nation within a nation on all sorts of issues . . . these companies, much as they wanna stay out of it, ultimately have to decide are they going to embrace the changing America, or they’re going to embrace this effort to, in effect, make America great again by going back to older rules and older values.

Christine Romans:  . . . How you respond by not giving in to the right wing attack mob, but acknowledging, you know, your position. I think that’s for C-Suites, that’s what they’ve gotta figure out. The rapid response for the communications teams has gotta be better. You could lose either way . . .

Ron Brownstein: The pressure is working on the C-suites — they’re pulling back.

The boycotts and buycotts ARE working!

So…that begs the question: if you stop shopping at Target, where should you go?

Down the street to another big box store probably owned by the same big investors and selling the same products owned by Blackrock, Vanguard and StateStreet?

NO!

But as usual, I’m here with solutions.

And it all ties into my new mission I started back in February.

Kind of perfect timing, huh?

The company I partnered with back in February already has many products that can replace the brands sold by woke corporations — and this company isn’t woke.

This company is:

— a family-owned manufacturer

— provides non-toxic products for every area of your home

— supports American jobs and families

— is committed to making their products in the USA

Not only that, but they’ve been doing it for over 35 years!

In fact, reports are that their founder was once on Barack Obama’s “Most Dangerous Conservatives” list.

So….why haven’t you heard of them?

Because they do ZERO mainstream advertising.

And it’s an Invite-Only club.

They stay off the radar — and find new customers through personal invitations only.

If you’d like to find out more and get a FREE personal invite, tap here! 

We can’t promise you you’ll get a call immediately, but you will be added to the queue!

Instead of sending your money to woke corporations, you can shop at a pro-America, freedom-loving, American designer, manufacturer and shipper of all the stuff you buy each month!

Oh, and people say the products are BETTER and often CHEAPER!

Here’s what their customers say:

“We love the store and shop there monthly for all our household needs! We especially love their nutritional products. My wife and I are in our 50’s and have never felt healthier and full of energy! – Eddie

“So far there are only a few items out of over 400 I can’t use. This is a miracle. Customer Service is outstanding. Like the way things used to be in America. I look forward to shopping & can’t even wait the full month.” – Missy

“I’m highly allergic to synthetic fragrance so buying “clean” products has always been nerve racking for me because you just never know how honest a company is with their ingredients. I can attest that this company is exactly who they say they are! About as clean and honest as it gets!” – Megg

For your FREE personal invite, tap or click here!

Since everyone gets personal attention, they will take these in the order in which they come in. So if you are excited, ask for your invite now or you might be far down on the list. They have a great team, but they can only do so much and they’ll work on a first-come, first-served basis.

Remember: you will get a personal call, text or email.

Request a free Invite here!

Who’s with me?

Watch this:

As I said, it’s Invite Only and the invite is completely free!

In fact, I’ve assembled a team of patriots who will personally get you invited and signed up….if you want in.

Folks, we don’t have many strongholds left.

This is one.

And I’m all in.

If you’d like to find out more and get a FREE personal invite, just go here:  https://SwitchWithNoah.com



 

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