XLP - Target To Limit LGBTQ Merchandise In Stores For Pride Month: Report | Benzinga
Discount retailer Target Corp (NYSE:TGT) has decided not to sell LGBTQ-themed products in certain stores during Pride Month in June, following a previous backlash that impacted its revenue.
What Happened: Target will offer its full range of LGBTQ+ merchandise online but is evaluating store-level data to determine which physical locations will carry these products.
A Target spokeswoman stated that the company will provide a selection of Pride items in select stores and online, based on customer feedback and market research.
The retailer began moving Pride displays to the back of its stores in certain Southern locations (i.e, semi-rural areas of Georgia, South Carolina and Arkansas) last year. This led to the ...