BusinessJune 5, 2023
Kohl's facing boycott calls
Kohl's department store chain saw its common stock fall more than 5% on May 30 following social media backlash for the company's sale of LGBTQ+ merchandise at certain outlets for June's Pride month observances. Stock in the Wisconsin-based retailer is on pace for its lowest price since Sept. 29, 2020, during the COVID-19 pandemic...
Kohl's department store chain saw its common stock fall more than 5% on May 30 following social media backlash for the company's sale of LGBTQ+ merchandise at certain outlets for June's Pride month observances.
Stock in the Wisconsin-based retailer is on pace for its lowest price since Sept. 29, 2020, during the COVID-19 pandemic.
Receive Daily Headlines FREESign up today!
Similar anti-LGBTQ+ campaigns were launched previously against Bud Light and Target.
Do you want more business news? Check out B Magazine, and the B Magazine email newsletter. Go to www.semissourian.com/newsletters to find out more.
Story Tags
Connect with the Southeast Missourian Newsroom:
For corrections to this story or other insights for the editor, click here. To submit a letter to the editor, click here. To learn about the Southeast Missourian’s AI Policy, click here.
Advertisement
Receive Daily Headlines FREESign up today!
