The folks at The Federalist Papers have just exposed the dirty little secret behind Target’s transgender bathroom policy and where it is heading!
As they note, Target’s new bathroom policy has resulted in the company experiencing a major drop in sales over the past month.
From The Federalist Papers:
V. Saxena reports Target’s market equity dropped by another $2 billion after its CEO defended his company’s ridiculous transgender bathroom policy.
“We’re going to continue to embrace our belief in diversity and inclusion — just how important that is to our company,” CEO Brian Cornell said on CNBC’s “Squawk Box” this Wednesday, according to Breitbart.
“We’ve had a long history embracing diversity and inclusion,” he continued. “A couple weeks ago, one of our team members sent me a note reminding me that if we went back to the mid-60s, our company was one of the very first to use African-American models in their advertising, and back then, it wasn’t well received.”
Yeah, okay, but discriminating against blacks for being black is quite different from “discriminating” against men who think they are women, you know?
Regardless, Target’s stock opened at $77.06 Wednesday morning and closed at $75.68. Prior to Target’s announcement on April 19 that it would implement a bathroom free-for-all, its stock price was approaching a high of $84. Ever since the announcement, however, the stock has steadily been dropping.
Do you plan on shopping at Target in the future or will you refrain from going there until they reverse their new bathroom policy? Share your thoughts below!