There has been a recent stunning report that Target is making a big change.
June is Pride Month – better known as the left’s holy month – and they are petrified after the uproar they faced last year so they are making a big change.
Reuters is reporting that the company is planning on cutting their LGBTQ merchandise in many stores and but will have a full assortment online.
They are cutting things down in half.
From Reuters via Yahoo News:
Target plans to offer the full assortment of the merchandise online but is examining store-level data to decide which physical locations will carry the products, the report said, citing people familiar with the matter.
Target is likely to stock the products in about half of its nearly 2,000 stores in the U.S., the report said.
The move comes after Target was forced to remove some items, including certain transgender swimsuits, from its LGBTQ+ themed collection last year after facing customer backlash and confrontations between customers and employees in some stores. Target blamed the backlash in part for a drop in its sales in its second quarter last year.
On Thursday, a Target spokesperson said it was committed to supporting the LGBTQIA+ community during Pride Month, which is celebrated in June, and year-round.
Target has barely recovered from its drop after the uproar in 2023.
Bud Light is in the same boat.
After their controversial ad the company has not returned to their former glory.
Bud Light did post “better than expected” first quarter results; however, the company’s beer sales are down 27% from the previous year, and its competitors are all seeing increases.
Experts believe that the second quarter of 2024 will tell the story in the once beer giant has recovered.
“We think a lot of consumers are never going back … but some are coming back,” CFRA analyst Garrett Nelson told Yahoo Finance.
“The longer-term impact, I think [we won’t know] until we see their second quarter results,” Nelson said.