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Poll

Target and TJ Maxx boycott r/t transgender bathroom and dressing rooms

I will boycott Target and TJ Maxx
- 10 (52.6%)
I will not boycott
- 9 (47.4%)
I am undecided
- 0 (0%)

Total Members Voted: 19

Voting closed: June 05, 2016, 09:12:47 pm


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Author Topic: Target and TJ Maxx Boycott  (Read 2023 times)

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Vantage 8 dude

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Re: Target and TJ Maxx Boycott
« Reply #50 on: March 04, 2017, 02:32:53 pm »

Burlington is going into smaller markets, we got one about year or so here in Jonesboro.
One other thing that I believe helps both BURL and ROST is they tend to go for smaller stores than the average TGT or TJX. And while some would argue that a smaller store or "footprint" doesn't allow for as large a selection when it comes to merchandise, that hasn't seemed to negatively impacted their sales per square foot. In fact, they've consistently been some of the best in the industry year after year. One other HUGE factor that help both Burlington and Ross Store: very efficient inventory control; both stores have been extremely nimble in being able to respond to the almost constant vagaries of fashion. This is especially true when it comes to the almost insane world of women's tastes which seem to often change ten times in twelve minutes.  ;)
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sevenof400

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Re: Target and TJ Maxx Boycott
« Reply #51 on: March 04, 2017, 02:50:23 pm »

Truthfully, I seldom shop there. I used to buy my kids video games there, as they had them in adequate stock, but they've outgrown those. Since Christmas I've shopped there some as I ended up with a Target gift card in a Dirty Santa game. There really isn't anything besides some every day food that I've found that I want to get there, and it's higher priced than WM or Kroger.

let's just pause for a moment to consider this.....
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sevenof400

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Re: Target and TJ Maxx Boycott
« Reply #52 on: March 04, 2017, 02:57:59 pm »

The thing is, as you say, the super Targets are really nice.  Very clean stores.  Like with your family deal, my wife does 98% of the shopping for the family.  My wife used to frequent the super Target in Conway on a regular basis.  But my wife was completely opposite of your wife when it came to the bathroom thingy.  She was appalled by Target's twisted sister bathroom policy, and she shut completely down with Target.  She never signed the boycott online, but she joined in with the boycott tooth and nail.

Some people could care less about the policy, and to some people it matters greatly, obviously.  As a retail company, you can't afford to divide between the two.

A bit off point, and I might be wrong here, but I don't think the Conway location is a Super Center Target (whatever the largest of the Target's is/are called). 
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sevenof400

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Re: Target and TJ Maxx Boycott
« Reply #53 on: March 04, 2017, 03:00:47 pm »

I like Ross even more because of their potential for expansion into medium range markets, such as with their new location in Conway, Ar., that would be the one my wife has already found  ::) ..  Ross is definitely a company on the grow.

You're wife stays busy doesn't she, BigBrandonAllenFan?
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Vantage 8 dude

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Re: Target and TJ Maxx Boycott
« Reply #54 on: March 04, 2017, 05:38:19 pm »

You're wife stays busy doesn't she, BigBrandonAllenFan?
When it comes to wives and shopping I've found most do. ;) ;) :D 8)
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Jowls

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Re: Target and TJ Maxx Boycott
« Reply #55 on: March 04, 2017, 07:46:00 pm »

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BigBrandonAllenFan

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Re: Target and TJ Maxx Boycott
« Reply #56 on: March 10, 2017, 07:00:12 pm »

You're wife stays busy doesn't she, BigBrandonAllenFan?

Yes, spending my paycheck keeps her hopping.  She only has two weeks til she has to start all over again.
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BigBrandonAllenFan

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Re: Target and TJ Maxx Boycott
« Reply #57 on: March 10, 2017, 07:02:46 pm »

A bit off point, and I might be wrong here, but I don't think the Conway location is a Super Center Target (whatever the largest of the Target's is/are called).

I'm not sure either.  I know Conway Target does have a full grocery store inside.  I had assumed that was the "Super" part.
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HawgWild

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Re: Target and TJ Maxx Boycott
« Reply #58 on: March 30, 2017, 12:44:10 pm »

Interesting to see Target promoted in this article on 19-high-yield-dividend-stocks-that-pass-a-five-point-investing-screen

http://www.marketwatch.com/story/19-high-yield-dividend-stocks-that-pass-a-five-point-investing-screen-2017-03-30?siteid=YAHOOB
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Vantage 8 dude

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Re: Target and TJ Maxx Boycott
« Reply #59 on: March 30, 2017, 03:52:57 pm »

Interesting to see Target promoted in this article on 19-high-yield-dividend-stocks-that-pass-a-five-point-investing-screen

http://www.marketwatch.com/story/19-high-yield-dividend-stocks-that-pass-a-five-point-investing-screen-2017-03-30?siteid=YAHOOB
Not saying some of the financials aren't intriguing. However, there remains a very glaring issue with this company, along with many other retailers. How do you effectively combat/resist the online sellers, especially Amazon? It appears, at least from a fairly early standpoint, the Wal*Mart (yes, big old clunky Wal*Mart) may finally be getting it right in their on line offerings such as groceries. While it's still early in the game, it will be most certainly be interesting to see how both they and others continue to progress (or not) in this area.

Sometimes, however, a stock/sector is cheap for a very solid fundamental reason. Just because its "cheap" doesn't necessarily make it a good long term investment. Whether or not TGT fits the latter obviously remains to be seen. I suspect that even IF they're actually able to get things figured out, there will still be adequate time to buy, even if you don't catch the absolute bottom. One other thing to always keep in mind, and this concerns any stock: "Beware of trying to catch a falling knife".
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Vantage 8 dude

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Re: Target and TJ Maxx Boycott
« Reply #60 on: April 06, 2017, 04:43:15 pm »

One other thing that I believe helps both BURL and ROST is they tend to go for smaller stores than the average TGT or TJX. And while some would argue that a smaller store or "footprint" doesn't allow for as large a selection when it comes to merchandise, that hasn't seemed to negatively impacted their sales per square foot. In fact, they've consistently been some of the best in the industry year after year. One other HUGE factor that help both Burlington and Ross Store: very efficient inventory control; both stores have been extremely nimble in being able to respond to the almost constant vagaries of fashion. This is especially true when it comes to the almost insane world of women's tastes which seem to often change ten times in twelve minutes.  ;)
While ROST has been a very good story, over the past couple of days the stock has broken below the most recent major support level of $63.70. This "line in the sand" means the stock has a HUGE amount of base building to accomplish before it's likely to begin another major upside move. Anyone looking to eventually buy the shares need to be aware that this stock could possibly move down into the upper 50s where it was about a year ago. Remember too that the stock needs to stabilize and likely move sideways for a while to encourage future investors to venture in.

Interestingly enough the other very good stock mentioned-BURL-has shown impressive strength. This is especially relevant considering a good many of the retailers have been bludgeoned pretty badly of late. It's obvious that AMZN continues to chew up many of the "bricks and mortar" merchants.
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BigBrandonAllenFan

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Re: Target and TJ Maxx Boycott
« Reply #61 on: April 06, 2017, 09:49:33 pm »

Interesting to see Target "promoted" in this article on 19-high-yield-dividend-stocks-that-pass-a-five-point-investing-screen

http://www.marketwatch.com/story/19-high-yield-dividend-stocks-that-pass-a-five-point-investing-screen-2017-03-30?siteid=YAHOOB

I think the key word there is "promoted".  Target stock has dropped another 4% just since you posted this March 30th article.

Take a look at the graph below and we can see that Target's stock price has taken another big plunge in the last month and is down to $53.57 per share.  How big is that is the large picture?  The last time Target was priced that low was in September of 2010.

https://www.google.com/#safe=strict&q=target+stock+price

Now back to page 1 in the thread when it was discussed, "time will tell", as to what the real effect will be on Target in relation to their their twisted sister bathroom policy. 

Well, time is pretty much telling now.  When Target made their controversial decision to mix their business with Obama's hard left politics almost exactly one year ago, Target stock was trading at $82.50 per share.  Now, one year later, the current price is $53.57 per share.  It is plainly clear and safe to say, as evidenced by the 40% drop in Target's share price in one year, the Target decision ranks as one of the stupidist business moves of the new millennium.  Probably the stupidist.

Has Target fired that idiot CEO yet?
« Last Edit: April 06, 2017, 10:07:15 pm by BigBrandonAllenFan »
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ricepig

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Re: Target and TJ Maxx Boycott
« Reply #62 on: April 07, 2017, 12:43:24 am »

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Vantage 8 dude

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Re: Target and TJ Maxx Boycott
« Reply #63 on: April 07, 2017, 09:58:06 am »

How many of these would you say had a bathroom problem?

https://www.fool.com/investing/2017/03/07/these-10-retailers-are-closing-stores-in-2017.aspx
Sad truth of the matter is, as the article points out, whether one supports or opposes the mess created by Target last year, so many of the mainstream retailers are going to struggle. In fact, I'm afraid a lot of the "bricks and mortar" stores are eventually going the way of the dodo bird. Look, when someone can shop from the comfort of their home, or anywhere else thanks to smart phones, many (especially the younger generation) are going to opt to do so. The force that services such as Amazon has unleashed is irreversible. Yes, there will be some of the main line merchants that will join the online wave with success and survive. However, they better be doing it NOW and in a big way.

Two areas I DO think still has a long runway of success ahead of it is the home improvement area such as Home Depot and Lowes. While there will be some buying through the online medium, most folks won't buy tools, especially large ones, gardening supplies, concrete, etc. and most certainly shrubbery/trees, etc. and have it shipped. Most consumers would prefer to actually see and touch these items, particularly the latter.

The second sector are the auto parts supply/repair folks such as AutoZone. Again, there are some sites out there that offer free delivery, etc., however, a good number of the "do-it-yourself" folks want to see and feel the part(s) and typically don't want to necessarily wait for delivery.
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Vantage 8 dude

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Re: Target and TJ Maxx Boycott
« Reply #64 on: April 09, 2017, 08:46:48 pm »

Interesting piece I read earlier today that Target has been having a lot of internal dissension with a number of employees extremely unhappy with how they're treated. Some have likened the atmosphere as being "slave labor". In addition, back in 2015 they settled with the Equal Employment Opportunity Commission for $2.8 million in conjunction with alleged age discrimination. They've further been accused of other discriminatory hiring practices in conjunction with race.

Another observation is that many customers are unhappy with the more limited selection of merchandise, especially in there area of grocery offerings. Even Wal*Mart has been more proactive in expanding their food/grocery selection. So the competition has obviously been aggressively competing against TGT.
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McKdaddy

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Re: Target and TJ Maxx Boycott
« Reply #65 on: May 17, 2017, 07:00:22 am »

The wife continues to do her best to support TGT.

http://www.cnbc.com/2017/05/17/target-reports-first-quarter-earnings.html
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Vantage 8 dude

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Re: Target and TJ Maxx Boycott
« Reply #66 on: May 17, 2017, 09:42:24 am »

The wife continues to do her best to support TGT.

http://www.cnbc.com/2017/05/17/target-reports-first-quarter-earnings.html
While the numbers obviously far exceeded what most had expected, it will be very interesting to observe over the next several quarters if they can keep up the strength in the numbers. They're obviously one of the few main line retailers that have actually beaten (often) lowered expectations. Sometimes the outlook gets so out of whack with reality that something has to give. In this case obviously the bears had beaten down the stock to a point where they erred on the side of too much pessimism. Personally I most certainly wouldn't "back up the truck" to load up on TGT.
 
One last observation/reminder: a very good thing to remember that old adage that states "one quarter a trend does not make".
« Last Edit: May 18, 2017, 12:58:11 pm by Vantage 8 dude »
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McKdaddy

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Re: Target and TJ Maxx Boycott
« Reply #67 on: May 17, 2017, 10:09:33 am »

Personally I most certainly wouldn't "back up the truck" to load up on TGT.
 

I should for her multiple visits per week.
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BigBrandonAllenFan

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Re: Target and TJ Maxx Boycott
« Reply #68 on: May 17, 2017, 09:23:14 pm »

http://www.marketwatch.com/story/targets-earnings-beat-wont-do-much-to-change-investor-opinion-analysts-say-2017-05-17

Quote
Target’s earnings beat won’t do much to change investor opinion, analysts say

By Tonya Garcia
Published: May 17, 2017 4:20 p.m. ET

 
The shift to digital is making investors bearish about all bricks-and-mortar retailers
Bloomberg

Target said its digital sales were up 22% in the first quarter


Target Corp. reported better-than-expected first-quarter earnings on Wednesday, but Buckingham Research Group analysts are skeptical the retailer will succeed in changing negative investor sentiment.

Target TGT, +0.94% reported adjusted earnings per share of $1.21, beating the FactSet consensus of 91 cents. Sales, at $16.0 billion, were ahead of the FactSet forecast of $15.6 billion, though they were down from $16.2 billion last year. E-commerce sales climbed 22%.

Same-store sales were down 1.3%, which the company attributed to “small declines in both traffic and basket size.”

Target Chief Executive Brian Cornell said the retailer did better than expected despite “a very choppy environment.” But they’re “not doing any high-fives” since the quarterly results aren’t “what we expect to deliver over time.”

For investors, the concern is the much-discussed secular shift that’s happening in digital, according to Buckingham Research analysts.

“[T]he quarter is unlikely to sway the entrenched bearish view of most investors which hold that terrestrial retailers will continue to lose share to the online channel for the foreseeable future,” analyst John Zolidis wrote in a Thursday note. “We believe Target shares can start to earn a better multiple if the company can follow up the first quarter with sequentially improving trends, especially in traffic, over the balance of the year.”

Zolidis was encouraged by the stability of the business even if it’s under pressure; the fact that Target maintained its fiscal 2017 guidance for a low-single-digit decline in same-store sales; and improved balance sheet metrics.

He believes the company has a “legitimate strategy” in place, which includes introducing more private label brands and convenience perks, like the same-day delivery that’s being tested in a New York location. Target could pick up market share as other retailers close stores, he said, something Cornell discussed on a separate media call.

“We recognize over the next three years $45 billion to $60 billion in market share is up for grabs,” Cornell said.

Buckingham Research rates Target shares buy with a $71 price target.

Target is in the midst of a $7-billion multi-year transition that will include store redesigns.

“We invested nearly $500 million of capital in the first quarter and we’re on track to invest more than $2 billion this year,” Cornell said on the Thursday morning call, according to a FactSet transcript.

Target is number one in swim, according to Cornell, and the retailer is also benefiting from store closures and brand exits from that category, like the one from L Brands Inc.’s LB, +0.23%   Victoria’s Secret label.

“Our team worked quickly to launch our new brand Shade & Shore, which has delivered strong results since the launch,” Cornell said.

Don’t miss: Every time this happens, Amazon crushes another legacy retailer

Later this month, Target will launch Cloud Island, a line of nursery décor, bedding, bath and other products.

Cornell also said the limited-time Victoria Beckham collection that sold this past quarter was “one of the single biggest partnerships in our history.”

Charlie O’Shea, Moody’s lead retail analyst, called the results “mixed,” but also found a number of positive points.

“Given the scope of this transition, year-over-year comparisons will be difficult, though we believe online sales growth and operating cash flow levels will be meaningful data points,” O’Shea said. “At present, Target’s strong balance sheet, excellent liquidity, and flexible financial policy regarding shareholder returns provide the company with sufficient credit support to execute its plan.”

Target shares are down 23.2% for the year so far while the S&P 500 index SPX, -1.82%   is up 5.8% for the period.

To get a real clue of how bad it really is for Target shareholders, click on the link and look at the comparative chart.
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McKdaddy

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Re: Target and TJ Maxx Boycott
« Reply #69 on: May 17, 2017, 09:32:40 pm »

As long our nearest SuperTarget remains a milf observatory and a SBUX for me, I'll look at the glass half-full.
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BigBrandonAllenFan

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Re: Target and TJ Maxx Boycott
« Reply #70 on: May 18, 2017, 12:29:32 pm »

As long our nearest SuperTarget remains a milf observatory and a SBUX for me, I'll look at the glass half-full.


I must admit, my wife recently has shopped at Target, a few times. I was even forced to go with her on one of those dreadful instances.  But if you think I'm going to tell her what to or not to do then you not very old.
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