Retailer Target Abruptly Shuts Expansion Projects amid Boycott over Transgender Policy
by Warner Todd Huston Retail giant Target has abruptly shuttered two high priority projects which were intended to guarantee the company’s future, amid the public boycott provoked by the company’s insistence on transgender-friendly, mixed-sex, dressing rooms. Target announced the end of two projects as the stock price fell 64.77 at market close on Feb. 8. That’s down from $83 dollars when the boycott began once the company made its transgender policy change on April 19. The stock price drop has slashed roughly $10 billion from the company’s value on Wall Street. Target announced it was shutting down a project billed as...
by Warner Todd Huston Retail giant Target has abruptly shuttered two high priority projects which were intended to guarantee the company’s future, amid the public boycott provoked by the company’s insistence on transgender-friendly, mixed-sex, dressing rooms. Target announced the...
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