Target loses $9 billion in market value following outrage over ‘inappropriate’ merch targeting children

UPDATE: Target has reportedly lost $9 billion in market value since parents and outraged customers called for a boycott of a Minneapolis-based store once it displayed the ‘PRIDE’ clothing for children, merchandise many parents and shoppers alike deemed ‘inappropriate’ for the youth. The $9 billion loss was reported on NY Post:

A week ago Wednesday before the controversy erupted, Target’s stock closed at $160.96 a share, giving the big-box chain a market capitalization of $74.3 billion.

As of early trading on Thursday, however, shares of the company were trading off 1% at $141.76 — capping a weeklong tumble that has shrunk the “cheap chic” discount retailer’s value to $65.3 billion.

That amounts to a 12% drop that has shaved a whopping $9 billion off the company’s market capitalization.

Parents standing up for the soul of America have spoken out in numbers big enough to make Target respond to criticism and the store will now remove SOME of the LGBTQ merchandise that was linked to an allegedly satanic designer.

The store launched a Pride Collection in early May and immediately faced backlash from parents who claim the store is giving in to a ‘woke’ agenda and participating in ‘grooming’ of young people, in the sense that this stuff does not belong where children can see it. So many customers expressed their concerns and distaste for the merchandise that Target is now reeling some of the items off the shelves amid concerns for the safety of their own employees. However, it doesn’t seem like any employees are in danger, it’s just that parents want these items off the shelves and away from their kids.

According to a report on CNN, Target Corp (TGT) introduced over 2,000 products as part of its Pride Collection, featuring clothing, books, music, and home furnishings. Among the items were mugs with a “gender fluid” theme, calendars proclaiming “queer all year,” and children’s books titled “Bye Bye, Binary,” “Pride 1,2,3,” and “I’m not a girl.” Obviously, most parents were not interested in their children seeing this stuff because to many parents, at least those with any sense of morals or decency, this is considered ‘grooming’ when people or companies present this material to children.

In their statement, Target acknowledged that the introduction of this year’s collection led to threats that impacted the safety and well-being of their team members. They expressed their commitment to adapting their plans in response to these volatile circumstances, including the removal of items that have been at the center of confrontational behavior.

Target has been actively supporting Pride Month for over a decade. However, this year’s collection has resulted in an increase in confrontations between customers and employees, as well as incidents of Pride merchandise being discarded on the floor, according to Target spokesperson Kayla Castaneda.

Target’s decision follows a conservative backlash against Bud Light, prompted by Anheuser-Busch featuring transgender influencer Dylan Mulvaney in their social media promotion last month.

The products being withdrawn by Target will be removed from all its stores across the United States and from its website, as confirmed by Castaneda. While several Pride Collection items are under review, the focus of removal is currently on the LGBTQ brand Abprallen, which has faced scrutiny due to its association with British designer Eric Carnell.

Carnell has encountered social media backlash for designing merchandise featuring pentagrams, horned skulls, and other Satanic imagery. A search on Target.com for Abprallen merchandise yielded no results.

Screenshots and social media posts indicate that Target previously sold a slogan sweater priced at $25, bearing the words “cure transphobia not trans people,” as well as an $18 tote bag stating “too queer for here.”

Target is also reviewing specific transgender swimsuits and children’s merchandise, but no decision has been made regarding those products yet. For instance, a swimsuit sold in the women’s section drew attention for its description as “tuck friendly,” implying its suitability for concealing male genitalia – something that is beyond disturbing and should never be in a store where children are present.

Related Posts

The white teeth whitening and globe such as pearls, this recipe / treatment at home Must express something to keep getting my recipes Full recipe in the first comment 💬👀

Want instantly brighter teeth? This quick and natural ginger and salt remedy lifts stains, eliminates bacteria, and enhances your smile Why Ginger & Salt Work for Whitening…

MY MIL CHANGED THE LOCKS, STUFFED OUR BELONGINGS IN TRASH BAGS, AND KICKED ME AND MY KIDS OUT AFTER MY HUSBAND DIED – THAT WAS HER BIGGEST MISTAKE When I married Ryan, I knew his mother, Margaret, despised me. She never hid it. To her, I was a gold-digger, unworthy of her son. Worst of all? She refused to acknowledge my kids — my 5-year-old daughter and 7-year-old son — as her grandchildren. Ryan, though, loved us fiercely. He bought us a beautiful home, ensured my kids felt safe and cherished, and promised me that his mother would never interfere in our lives. And for a while, she didn’t. Then tragedy struck. Ryan died in a car accident, leaving me shattered. My kids lost the only real father they had ever known. And just two days after his funeral, I came home from running errands to find our belongings dumped on the curb — STUFFED IN TRASH BAGS LIKE GARBAGE! Panic surged through me. I ran to the front door. Locked. I banged. Nothing. Then it swung open. Margaret. Smug as ever. “OH, YOU’RE BACK. THOUGHT YOU’D TAKE THE HINT. THIS HOUSE IS MINE NOW. YOU AND YOUR LITTLE BRATS NEED TO GO!” My blood ran cold. “Margaret, this is my home.” She scoffed. “It was my son’s. Now that he’s gone? You have no right to it.” I clenched my fists, my kids trembling beside me. That night, we slept in my car. But I wasn’t going to let her win. The next morning, I made my move.⬇️

When I married Ryan two years ago, I knew his mother, Margaret, despised me. Her disdain extended to my children, Emma and Liam, from my previous marriage….

If you see a plastic bottle on your car tire, you might want to call 911 right away 😨Check👇

Stay Safe: Beware of the Plastic Bottle Carjacking Trick, Thieves are using a new tactic to steal cars, originating in Limpopo, South Africa, and now seen in…

🧐Most public toilets have a ‘WC’ sign outside, but no one seems to know what it means?😮Read👀👇

What Does “WC” Really Mean – And Why Do We Call It That? Ever spotted a “WC” sign outside a restroom and wondered what it stands for?…

Check comment!

My mom had me at 17 and gave me up. At 20, I found her, but she said, ’’Forget about me! My husband is a powerful man,…

What It Means ⬇️See check comment below⬇️

Hypnic jerks, also known as sleep starts, are those sudden, involuntary jolts you might feel as you’re drifting off to sleep, often making you feel like you’re…