Target losses hover around $13 billion as shareholders bear brunt of woke backlash

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Target losses hover around $13 billion as shareholders bear brunt of woke backlash
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Target shareholders continue to bear the brunt of the big-box retailer’s Pride controversy, as the company's stock fell again on Thursday and losses hover around the $13 billion mark.

The Pride merchandise continued to cause problems for Target when many LGBTQ advocates slammed the company for moving the merchandise. Democratic California

"Rainbow capitalism is essentially, you know, selling Pride products for profit and not necessarily standing behind the community with support," Hester continued. "That's what happened, right? There are a lot of things that go into that, but that is what happened at the end of the day." Target Pride swimsuits boast"tuck-friendly construction" and"extra crotch coverage," presumably to accommodate male genitalia, even if they are made in an otherwise female style.

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