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Tuesday, May 24, 2016

Target Boycott Working: Stock Loses $10 Billion

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Target Boycott Working: Stock Loses $10 Billion
This just in from the American Family Association: "On a media call last, week Target CEO Brian Cornell was asked if the boycott had an effect on their sales or stock price. He responded by saying "To date we have not seen a material or measurable impact on our business. Just a handful of stores across the country have seen some activity and have been impacted."

"Did you hear that? When asked about over 1.25 million people who are boycotting his store he shrugs it off and uses the word "handful." Don't let Target's arrogance fool you. We are having an impact and the boycott is making a difference.

"Since we launched the Boycott Target Pledge April 21, over 1.25 million people have signed on. Another interesting fact, Target has remained silent on Facebook and Twitter. The most recent post on Target’s Facebook page came April 23, and their Twitter has been silent since April 19.

According to Breitbart News "Target's stock has fallen 20 percent - from $84 per share to $67 per share - since it imposed the pro-transgender policy on its customer base of families. That loss has chopped roughly $10 billion from the overall shareholder value of the company, according to a chart produced by Yahoo.com."

REMNANT COMMENT: I have five daughters, and if Target doesn’t care about my little girls why should I care about Target! In other words, it will be a cold day in hell before I walk back into a Target Store. 


If you haven't signed the AFA Boycott Target Pledge yet, please do so here.

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Last modified on Tuesday, May 24, 2016
Michael J. Matt | Editor

Michael J. Matt has been an editor of The Remnant since 1990. Since 1994, he has been the newspaper's editor. A graduate of Christendom College, Michael Matt has written hundreds of articles on the state of the Church and the modern world. He is the host of The Remnant Underground and Remnant TV's The Remnant Forum. He's been U.S. Coordinator for Notre Dame de Chrétienté in Paris--the organization responsible for the Pentecost Pilgrimage to Chartres, France--since 2000.  Mr. Matt has led the U.S. contingent on the Pilgrimage to Chartres for the last 24 years. He is a lecturer for the Roman Forum's Summer Symposium in Gardone Riviera, Italy. He is the author of Christian Fables, Legends of Christmas and Gods of Wasteland (Fifty Years of Rock ‘n’ Roll) and regularly delivers addresses and conferences to Catholic groups about the Mass, home-schooling, and the culture question. Together with his wife, Carol Lynn and their seven children, Mr. Matt currently resides in St. Paul, Minnesota.