Wednesday, May 31, 2023

The 'ALL LETTERS' nonsense keeps rolling down hil...

Target shares fell 3.66 percent on Tuesday, resulting in the retail store losing $2.4billion in market capitalization. The losses put the stock on its longest losing streak since November 2018, with prices at a 52-week low of $133.88 - down nearly 15 percent over the month. In total, Target's market value fell over $12billion to $61.77billion as of Tuesday's closing amid widespread backlash to its Pride display , which included 'tuck-friendly' women's swimwear.
 

I guess they'll be covering this debacle in Marketing 101 pretty soon. 
Even CNN is reporting on it:


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5 comments:

  1. NavyvetMay 31, 2023 at 10:36 AM

    Ah yes, the theory of the current crop of CEO's with their MBA's: "This isn't workiing, so lets keep doing it."

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  2. JGMay 31, 2023 at 10:50 AM

    These various company's CEOs that push WOKE, PRIDE, DEI, and CRT see that it is killing their companies as it stops the basic capitalism that drives it. Once they have stopped people from using them and going to other companies then it becomes hard to get them back.

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  3. AnonymousMay 31, 2023 at 11:10 AM

    peanuts. the gay people are rallying even as we speak to make up for the losses.

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  4. AnonymousMay 31, 2023 at 6:54 PM

    No. It won't be in Marketing 101. I took marketing (with a bunch of hope-to-be MBAs) when I was pre-doc in chemistry - it was light relief when studying for writtens, and the B school library was deserted- and the wanna-be MBAs couldn't keep up with high school math, never mind anything as complex as 'do this, get that'. And that was 50+ years ago. Today? It's all feelz and BS.

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