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Market Chatter: Target to Withdraw Pride Collection from Some Stores
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Market Chatter: Target to Withdraw Pride Collection from Some Stores
May 10, 2024 4:26 AM

06:50 AM EDT, 05/10/2024 (MT Newswires) -- Target ( TGT ) will not offer its LGBTQ-themed goods in certain stores for Pride Month this June in response to backlash to the collection last year, Bloomberg News reported Friday, citing people familiar with the matter.

The full assortment is still expected to be sold online but the company is studying store-level data to decide where to offer the collection, the report said.

Target ( TGT ) is likely to stock only about half of its almost 2,000 stores in the US with the Pride collection, Bloomberg said, noting that the retailer had offered the special merchandise in all outlets in the past years.

Target ( TGT ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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