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Target Sales into Rough Waters

The NFL doesn’t have to look far to see where this kind of political pigheadedness leads. For the last 10 months, the Target company has taken a beating on Wall Street for racing to embrace the transgender movement. The backlash for opening their fitting rooms and restrooms to anyone has been so severe that executives […]

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Target Cancels ‘Priority Projects’ In Transgender Policy Backlash

US retail giant Target has scrapped two high priority projects after a public backlash in response to a proposal to introduce transgender-friendly, mixed-sex, bathrooms and fitting rooms. The retailer shut down its ‘Store of the Future’ concept before it kicked off. The project was aimed at promoting a new outlet design combining a smaller upfront […]

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Goldman Sachs Downgrades Target to Sell

Goldman Sachs downgraded Target (NYSE: TGT) from Neutral to Sell with a price target of $67.00 (from $77.00). Analyst Matthew Fassler comments “We downgrade TGT to Sell from Neutral. Our $67, 12-month price target implies 0% upside vs. 10% average upside for our coverage universe. We expect stagnant to lower earnings to lead to subdued […]

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Target Reports Drop in Sales Following Transgender Controversy

The Wall Street Journal said this is the first time Target sales have fallen at their more established stores in two years and that further declines can be expected. Several months ago, Target Stores made an odd gamble. They risked alienating their primary customer base—moms with young kids—to win the praise of the transgender lobby. […]

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Dallas: Another Pervert In Target Dressing Rooms

Police in Dallas are looking for a man who took pictures of a woman trying on clothes in a Target. The incident happened around 3 p.m. last Thursday at the store near Abrams Road and Northwest Highway. The woman told police she was undressing in the changing room when she noticed a cellphone camera pointed […]

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Store Traffic At Target Continues To Be A Problem

Target Corporation witnessed a worse-than-expected deceleration in its Q2 comps, driven by fewer transactions as well as lower units per transactions. The company’s store traffic would likely continue to be challenging, Argus’s Christopher Graja said in a report. He maintained a Hold rating on Target, while reducing earnings estimates. Target reported a 1.1 percent decline […]

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