Costco's (COST) distinctive membership business model and pricing power set it apart from traditional players. Comparable sales for the retail month of April rise 5.6%.
Target confirmed that it won't be carrying its LGBTQ+ merchandise for Pride month in June in some stores after the discount retailer received backlash last year for its assortment that also cut into sales. Target, which operates roughly 2,000 stores, said Friday that the decision to offer Pride merchandise, including adult apparel, home products, food and beverage at the stores will be based on “guest insights and consumer research.” A Target spokeswoman declined to disclose the number of stores that won't be carrying the merchandise.
Target is limiting the number of stores that will sell LGBTQ-themed merchandise for Pride Month in June following a boycott from right-wing activists last year that took a toll on the brand’s bottom line.