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“Maybe we should boycott the NCAA and Atlantic Coast Conference next.”

A Blog for Dallas Area Catholics

That’s the implication of the data below from The American Thinker, which shows that Target’s sales have slid much farther than their competition’s, and that their market cap has taken a serious tumble.  I frequently read or hear that boycotts don’t really work, but could this be an exception, or is this sudden collapse at Targay simply coincidental?

In the wake of its five-month-long bathroom policy, Target (TGT) Corporation continues to implode.

Within a month after the misguided policy, the company’s market cap had already declined by $9 billion compared to where it should have been had Target kept its pre-April 19 correlation with its primary competitors, Walmart (WMT) and Costco (COST).

By late May, the market cap hit reached $10.5 billion.  As of the second week of June, the loss was $11 billion.

Second-quarter earnings data are now out, showing that Target’s earnings plummeted nearly 10%, with projected…

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