Target’s stock price and its favorability among shoppers are crashing as the public rebukes the retail giant for ignoring their vigorous protest against mixed-sex changing rooms and bathrooms.
Boycott against Target over raperooms having a marked effect May 2, 2016Posted by Tantumblogo in awesomeness, Basics, Domestic Church, family, General Catholic, Glory, Revolution, sanctity, scandals, sickness, Society.
I see and hear a lot of commentary that tends to pooh-pooh boycotts. We’re told they never work, that you can’t get enough people to stick to them to have an impact on a company or organization for their bad behavior, that they’re just a waste of time, etc.
Well, in at least one case – Target’s opening up of its formerly women’s restrooms to mentally ill men (because, as studies show, 3/4 of those claiming to be transgender are men, and the percentage is climbing) – is having a marked backlash. Their sales are down, the stock is down
The company’s stock was two cents shy of $84 on April 19, when it revealed it would not allow shoppers to use single-sex bathrooms or changing rooms. Instead, all rooms were opened up to anyone claiming to be of either sex. As of 4.00 p.m. Friday, the stock had dropped almost $4.50, down to $79.50. [Not sure if other factors may have contributed to this drop]
That’s a huge loss of 5 percent in stock value, costing shareholders roughly $2.5 billion in company value.
In between those two dates, more than one million people had signed a boycott petition sponsored by the American Family Association. Public opinion also shifted strongly in favor of single-sex bathrooms.
The damage to Target’s favorability is also being tracked by YouGov’s BrandIndex service.
By April 27, “The percentage of consumers who would consider buying items at Target the next time they want to go shopping at a department store dropped from 42% to 38% over the past two weeks,” YouGov reported April 29. That’s a 10 percent drop, likely fueled by social-media conversations via Facebook and various news sites. [Now this is almost certainly tied directly to Target’s radical stance]
About a million Americans have signed a petition asking Target to revoke their amoral, extremist policy. Will these very strong signs of condemnation convince Target to abandon their strident stand in favor of the tiniest fraction of the population? Quite possibly not, Target has long been strong supporters of radical leftist agendas.
I’ve never been a particular fan of Target, myself, but where we live now its one of the few places available to shop at. Not that I would go there regularly, but maybe 2-3 times a year. No more. I’m as out on them as I am on Home Depot.
If you’re boycotting Target, keep up the good work. We never know how these things might play out. A boycott may not convince Target to change its policy: but it might convince a dozen or more other companies contemplating following suit. So, no, these efforts are never wasted. Nothing that fights for God and His Law ever is.
Are you going to join Mormon Glenn Beck in his fast for ‘Murica? That fast starts tonight.
Me, I’ll stick with the fasts God, and not man, has revealed through His Church. If we had more people obeying those fasts and generally offering up proper penance, this nation would be healed and transformed in short order.