Tony Perkins: Target Is On The Ropes

Via press release:

After more than 1.1 million people pledged to boycott Target, celebrities and corporations alike are having second thoughts about crossing Americans on such a consensus issue. The decision by the retail giant is not only sparking massive backlash, but it’s helping the country get a real picture of the controversy in North Carolina. It’s also shown liberals that without the big media’s cover, twisting the facts of the law, they’re all by themselves.

There’s even more evidence of that this week, as more singers are keeping their concert dates in North Carolina than canceling them. Even more telling, not one business has threatened to leave the state after seeing what happened to the retail giant — which has taken a $2.5 billion hit since letting grown men in women’s restrooms and dressing rooms. After executives announced the change, shares dropped 6 percent in just 10 days.

And the rest of the market is taking note. Rockers Cyndi Lauper and Mumford and Sons refused to cancel their stop in the Tar Heel State, and instead promised to donate the proceeds to LGBT organizations. This is what happens when you stand up to bullies! They leave. And the same thing would have eventually happened in Indiana, Georgia, and South Dakota if those governors would have had the courage to stand up for religious freedom. Most country stars, meanwhile, never abandoned fans in the first place.

Target’s stock price has indeed dipped slightly since the boycott began. Just as it did two weeks earlier. And just as all stocks regularly do. As of yesterday, Target’s stock value is exactly one penny away from where it was one year ago.