A number of indications that the stockmarket price of Target (TGT) is about to take a hit has been popping up online in the days leading up to Wednesday (17th May).
First up a number of reputatable commentators have been posting screenshots of a headline about the CEO of the Target chain of variety stores claiming they’re about to take a $500-million hit due to “Retail Crime” hitting their stores, especially in Democrat run Cities that don’t seem to understand what the problem is when people start shoplifting on a massive scale.
Target’s Chairman and CEO Brian Cornell announced the company will suffer an estimated $500 million in lost profits this year, citing organized retail theft as a primary factor. https://t.co/Uls9ghFVNT
— Breitbart News (@BreitbartNews) May 17, 2023
Target CEO warns rising crime, retail theft will hit profitshttps://t.co/D2sGmQOQde
— FOX Business (@FoxBusiness) May 17, 2023
Prior to this another bunch of reputable commentators have been calling for a Bud Light style Boycott of Target because they have been selling items to assist with an issue increasingly being seen as a form of child abuse. Continue reading “Target (TGT) Stocks About to Take a Hit?”