Target: CEO forgot business for politics

 Target’s CEO forgot that he is in the retail business – not politics.   Target’s CEO allows  men use the women’s restrooms and fitting rooms.

           The stock value of transgender-champion Target Corp. crashed by 13.5 percent this week after the companyâ€s sales again fell below investors†expectations.

Targetâ€s stock value is now down by 30 percent since it sparked a consumer boycott by embracing the transgender political agenda. That 30 percent drop has slashed investors†wealth by roughly $15 billion.  Clearly, people care about privacy of  restrooms.

On Tuesday, the stock fell to $58.78, down from its April 19 high of $83.98. In contrast, WalMart is up 3 percent since April, and Kohlâ€s is down less than one percent.

Company officials indirectly acknowledged the consumer boycott. “Our fourth-quarter results reflect the impact of rapidly changing consumer behavior, which drove very strong digital growth but unexpected softness in our stores,” Target CEO Brian Cornell said in a company statement. The company also admitted that it would likely continue to experience losses through the year.

Leaders at the American Family Association highlighted the companyâ€s worsening situation. “The American Family Association has called for a boycott of Target since last April after the chain publicized the fact that it would allow men to use the womenâ€s restrooms and fitting rooms in their stores,” said a statement from Tim Wildmon, president of the AFA.

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Firenze Sage:  Why on earth would a retailer do this in the first place.His politically correct ideas took precedence over his duties to his shareholders. Arrogant ass  on his way out.