RJ Schwartz profile image 96

Target stock dropped $1.5 billion in the 9 days since they went unisex - will this be their end?


The boycott over Target's decision to make restrooms and changing rooms open to anyone has caused a national uproar, with over 1 million people signing a petition to boycott the stores. Now today the company's stock is down $1.5 billion dollars, dropping 3% in just nine days. Remember that Target started to decline several years ago after they kept an extended period of vulnerability in their on-line payment systems hidden and many Americans had their cards compromised. It seems as if social engineering is adding another issue to their plate.

 

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Annsalo says

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18 months ago
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    dashingscorpio 18 months ago

    Great points!


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junkseller says

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19 months ago
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    Ralph Schwartz (RJ Schwartz) 19 months ago

    At least you'll be surrounded by like minded individuals - enjoy the debauchery


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Lisa Vollrath (lisavollrath) says

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19 months ago
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    Ralph Schwartz (RJ Schwartz) 19 months ago

    A MERE 3% is huge in a company stock price - stop trying to marginalize this fact - I do business with Target directly, they are bleeding all over


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DK (Philanthropy2012) says

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18 months ago
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    Ralph Schwartz (RJ Schwartz) 17 months ago

    Target is now down 10 Billion - 20% valuation

    Target is demanding suppliers of good give them huge concessions to move dead inventory and added a whole bunch of regulatory costs of doing business suddenly - more to come

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Link10103 says

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19 months ago
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    Cissy1946 18 months ago

    Would that surprise you?

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cfin says

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18 months ago
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dashingscorpio says

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18 months ago
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    dashingscorpio 18 months ago

    I meant to say the stock market (isn't) always a predictor!


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Tamara Wilhite (tamarawilhite) says

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18 months ago
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    Ralph Schwartz (RJ Schwartz) 17 months ago

    Seems as if five weeks later the declines are still happening - so much for the short term theory, no offense. Target is demanding concessions from their vendors as they have no other income streams to tap

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LoisRyan13903 says

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18 months ago
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    LoisRyan13903 18 months ago

    My Target has a family restroom, but have had this since the store opened in my area 20+ years ago. Maybe they have been uni-sex for that long and I didn't know it.

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bradmasterOCcal says

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19 months ago
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    Ralph Schwartz (RJ Schwartz) 19 months ago

    The use these tactics to force people to take sides (attacking anyone who disagrees) then call everyone else homophobic


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Karen KLD says

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18 months ago
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PDXBuys says

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18 months ago
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    Ralph Schwartz (RJ Schwartz) 18 months ago

    Agreed - thanks for weighing in

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Matilda333 says

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18 months ago
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    Ralph Schwartz (RJ Schwartz) 14 months ago

    Heard Target will spend some huge amount now to make single person rest rooms in all their stores

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Joshua (Joshua 33) says

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18 months ago
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Hxprof says

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18 months ago
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Ralph Schwartz (RJ Schwartz) says

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18 months ago
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    Jack Lee (jackclee lm) 18 months ago

    I didn't realize Target is opening the fitting room as well to transgender. How insane is that?

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Jack Lee (jackclee lm) says

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18 months ago
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    Jack Lee (jackclee lm) 18 months ago

    Latest quarter report is out. Stock drop 7%. It is time for Target to focus on core business and leave the social engineering. I'm beginning to wonder if they orchestrated this controvery in the first place known full well they were going to miss...


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Brinafr3sh says

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18 months ago
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MizBejabbers says

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19 months ago
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    Karen KLD 18 months ago

    You're right, it is a few that they are catering to, but women and children make up the majority. Hopefully, they will change their policy but right now it doesn't look that way.


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Chase Gentry (BryanChaseGentry) says

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18 months ago
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    Ralph Schwartz (RJ Schwartz) 17 months ago

    Fact is traffic falling at Target and rising at Wal Mart

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Old Poolman says

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19 months ago
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    junkseller 19 months ago

    They are a top 10 retailer in this country. I wouldn't call that marginally successful. They will be just fine.


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Cissy1946 says

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19 months ago
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    Ralph Schwartz (RJ Schwartz) 19 months ago

    That Fiasco cost them huge amounts of profits and they were forced to sell off their Canadian holdings in the aftermath