r/Anticonsumption 1d ago

Corporations Target struggles after end of DEI program and boycott, with foot traffic down 8 weeks in a row.

https://fortune.com/2025/04/01/target-dei-demise-boycott-foot-traffic-down-eighth-consecutive-week/?itm_source=parsely-api
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u/Dubtopia 1d ago

Being down 30% in those 8 weeks isn’t a good look.

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u/Puzzleheaded_Fix594 1d ago

They'll probably have a good week this week. People are going to stock up on non-perishables.

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u/[deleted] 1d ago

[deleted]

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u/LunarDroplets 1d ago

Brother you need to chill lol.

Hes saying things are going to shit. That’s why people stock up on non perishables.

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u/skilriki 1d ago

Also mostly just to buy stuff before the prices get jacked up and save some cash

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u/OhNoTokyo 1d ago

If they have a reason for believing that which isn't, "Everything is going to be okay," then it can be entirely valid.

Stocks don't just go down when something happens which is bad and up when things are globally good for them. There are always factors which cause them to occasionally rise regardless of general downward trends.

Target is a going concern whose fundamentals have not really changed. If the loss of foot traffic is seen as permanent, but not enough to close them down, then the stock will be re-valued lower, but will stabilize at some lower price.

If people believe that the stock is undervalued in comparison to what they believe that that lower stable price should be, they will start buying it in hopes it rises to that higher price.

If they are particularly selling things that people will want in a crisis situation, then yeah, they could have a very good week and stocks could rise.

People in the stock market are looking for places to put their money which may be undervalued right now. Target could easily be one of those places if they have taken a beating over the past few months.

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u/Comfortable_Angle671 1d ago

I disagree. It makes it an attractive option play