In an interview with the magazine Advertising Age, a Target Corp spokesperson claimed that this summer’s boycotts did not dent its profits, even though they helped bring national attention to Target’s donations to MN Forward, a Political Action Committee that exclusively supports anti-LGBT GOP candidate Tom Emmer.
“Target Exec VP-Chief Marketing Officer Michael R. Francis said the protests and boycotts appear to have had a ‘negligible impact,’ given sales for July and August were in line with expectations. Still, the retailer is taking the situation seriously,” the magazine wrote on Thursday.
Target recently took a hit from the Human Rights Campaign, seeing its score on the Corporate Equality Index drop for the first time in many years as a result of its donations.
“Negligible impact” probably means seven to eight figures in terms of a eleven-figure corporation.
They’ve likely got the same detailed demographic information that all other major retailers have. Part of me has to wonder if they’re trying to downplay things.
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