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A boycott on Bud Light, the top beer brand in the United States, [1] began in April 2023. The boycott began in response to a social media promotion the company conducted with actress and TikTok personality Dylan Mulvaney, a transgender woman. [2][3] On April 1 2023, as part of a larger campaign to address Bud Light's decline in sales and ...
A backlash against Target occurred in the lead up to Pride Month in 2023 after the American retailer released its Pride month merchandise, sparking attacks and threats from conservative, anti-LGBTQ groups. [ 1][ 2] In May 2024, Target announced that not all stores would carry its 2024 pride collection. [ 3][ 4]
May 10, 2024 at 12:53 PM. Aaron M. Sprecher/AP. Target is limiting the number of stores that will sell LGBTQ-themed merchandise for Pride Month in June following a boycott from right-wing ...
Grocery aisle deals and an emphasis on affordable but stylish clothes helped Target reverse a year-long sales slump, while Macy’s on Wednesday reported another quarterly decline and said sales ...
For its second quarter, Target said it expects comparable sales to be anywhere from unchanged to a 2% gain. It expects to earn between $1.95 to $2.35 per share. Analysts expect $2.20 per share.
Comparable sales slipped 3.7% in the latest quarter, a smaller decline from the 4.4% drop during the fourth quarter. Sales declines were primarily in discretionary categories, and were partially offset by continued growth in beauty, the company said. But Target said clothing sales, while still down, improved.
Target now expects comparable sales in a wide range around a mid-single digit decline for the remainder of the year. It also now projects full-year adjusted earnings per share of $7 to $8 ...
Target projects sales to grow by up to 2% this year. The company’s business has slowed since shoppers stocked up at its stores and online during the height of the pandemic in 2020 and 2021.