Target Blows $9 Billion Over Kids’ LGBT Clothing

Target’s best Bud Light imitation continues as the giant retailer has watched $9 billion in market capitalization simply disappear. This followed the company’s misguided rollout of its new “Pride” collection featuring kids’ wares.

Some were designed by a prominent and outspoken British transgender Satanist. The left isn’t even bothering to hide it anymore.

The Minneapolis-based company just over a week ago had a stock value of $160.96 per share, which translated into a market capitalization of $74.3 billion.

But what a difference a woke marketing campaign aimed at children made.

A mere week later and shares traded at $141.76, marking a plummet in company value down to $65.3 billion. By the numbers, that’s a staggering 12% dive — or $9 billion down the drain — in just a week.

After an “emergency” company-wide call earlier this week, Target officials announced that some items were being removed from its stores while displays in some markets were being relocated to much less prominent positions. 

Angry customers have reportedly confronted workers and tipped over displays. And while it is much better to protest through dollars instead of harassing workers who have nothing to do with company policy, the message clearly climbed the corporate ladder.

In a statement Tuesday, Target noted that “since introducing this year’s collection, we’ve experienced threats impacting our team members’ sense of safety and well-being while at work.”

Some of the controversial items include LGBT-themed clothing for small children. Others feature designs with the words “cure transphobia not trans people” and “too queer for here.” 

The company statement and the accompanying relocation of previously prominent displays followed an earlier declaration by CEO Brian Cornell defending Target. He said the LGBT merchandising promoting Pride month is “the right thing for society.”

Among items criticized by conservatives were “tuck-friendly” women’s swimwear that enable “trans women” who are biologically male to better stash their privates.

Then there’s Target’s team-up with outspoken Satanist designer Erik Carnell. He is a British transgender man who creates iconic apparel adorned with pentagrams, horned skulls, and LGBT items with Satanic themes.

His LGBT company, Abprallen, showed no results for merchandise when recently searched on Target’s website.