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Tractor Supply loses $2 billion in market cap. Does a 180 on DEI policy. ETA John Deere...

Posted on 6/29/24 at 8:16 am
Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
25630 posts
Posted on 6/29/24 at 8:16 am
quote:

What happened was a campaign headed by conservative activist Robby Starbuck that began on June 6, when he announced, "It's time to expose Tractor Supply." Starbuck then went on to list what he saw as problems at the company, including:

LGBTQIA+ training for employees'
"Funding pride/drag events"
"They have a DEI Council"
"Funding sex changes"
"Climate change activism"
"Pride month decorations in the office"
"DEI hiring practices"
"LGBTQIA+ events at work"



Here’s the tweet





The TV in the employee break room



After backlash from its customers, Tractor Supply released this statement:



Their employee app went from this



To this



The Tennessee Pride Chamber isn’t happy







This year, I’ve noticed more and more companies walking back the in-your-face pride displays.

ETA: John Deere has released this statement



This post was edited on 7/17/24 at 9:11 am
Posted by HoustonGumbeauxGuy
Member since Jul 2011
32683 posts
Posted on 6/29/24 at 8:19 am to
quote:

Tennessee Pride Chamber

… doesn’t care whether or not companies make money.
Posted by SECSolomonGrundy
Slaughter Swamp
Member since Jun 2012
18028 posts
Posted on 6/29/24 at 8:19 am to
I think we should boycott all members of the "Pride Chamber"
Posted by Earnest_P
Member since Aug 2021
5083 posts
Posted on 6/29/24 at 8:20 am to
Love to see it.
Posted by Lonnie Utah
Utah!
Member since Jul 2012
32335 posts
Posted on 6/29/24 at 8:22 am to
What's iconic is the.pride folks are calling them out for "caving to pressure from a select group", because I'm pretty sure that is why they put in DEI programs to begin with.
Posted by SECSolomonGrundy
Slaughter Swamp
Member since Jun 2012
18028 posts
Posted on 6/29/24 at 8:24 am to
So they went in an cut out all their woke policies? That is pretty amazing and admirable.

A real man did this. Thank you, sir. And I imagine it was an older man because 30 years ago this would have been common sense and SOP.
Posted by N2cars
Close by
Member since Feb 2008
37918 posts
Posted on 6/29/24 at 8:24 am to
A company exists solely to return value to investors, whether it be stockholders, owners, or lenders. Profit. Is. All. That. Matters.

That's it.

You wanna help people? Be a social worker.

Anything that has a negitive effect on the value I receive back can get the eff off my lawn.
Posted by Warfarer
Dothan, AL
Member since May 2010
12344 posts
Posted on 6/29/24 at 8:24 am to
I can never wrap my head around why companies go against their base clients for those initiatives to start with.
Posted by jbird7
Central FL
Member since Jul 2020
5606 posts
Posted on 6/29/24 at 8:24 am to
This just blows me away how stupid these CEOs are. Who the frick in that company’s board room thought catering to LGbtqfjdodncnr and funding sex change operations would be a good idea? Seriously how much money has tractor supply made off the gay community over the years? I would love to know that stat.
This post was edited on 6/29/24 at 8:47 am
Posted by RummelTiger
Official TD Sauces Club Member
Member since Aug 2004
92910 posts
Posted on 6/29/24 at 8:25 am to
quote:

A company exists solely to return value to investors, whether it be stockholders, owners, or lenders. Profit. Is. All. That. Matters. That's it.


So many fail to understand this.
Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
25630 posts
Posted on 6/29/24 at 8:26 am to
Here’s a an old tweet from the CEO Hal Lawton



He recently made his twitter private



Posted by N2cars
Close by
Member since Feb 2008
37918 posts
Posted on 6/29/24 at 8:27 am to
The "customer is always right " is another crock of shite.

Me and Herb Kelleher are on the same page...
Posted by IAmNERD
Member since May 2017
23719 posts
Posted on 6/29/24 at 8:29 am to
Good for them. That's all most people want when it comes to this nonsense. If a company is misguided into the DEI narrative and receives backlash from its actual customers, most just expect them to listen to the customers and not some pride group or BLM chapter.
This post was edited on 6/29/24 at 8:30 am
Posted by Lonnie Utah
Utah!
Member since Jul 2012
32335 posts
Posted on 6/29/24 at 8:30 am to
quote:

This just blows me away how stupid these CEOs are.


Essentially, the left bullied/bullied them into doing it. Their hands are "forced" to do it.
Posted by Hangover Haven
Metry
Member since Oct 2013
32003 posts
Posted on 6/29/24 at 8:30 am to
The Government is forcing this shite on companies, probably with some BS tax break. For what other reason would they do it? It's basically poison for businesses..
This post was edited on 6/29/24 at 8:32 am
Posted by Tygerfan
Member since Jan 2004
33855 posts
Posted on 6/29/24 at 8:31 am to
The silent majority speaks with its wallet and eventually these businesses will realize that the sky screamers are bums and don't actually patronize these businesses.
Posted by TexasTiger89
Houston, TX
Member since Feb 2005
26407 posts
Posted on 6/29/24 at 8:37 am to
quote:

I can never wrap my head around why companies go against their base clients for those initiatives to start with.


This x 1000. Know your customer base. That’s how you run a successful business.
Posted by cbree88
South Louisiana
Member since Feb 2010
9744 posts
Posted on 6/29/24 at 8:37 am to
Good.

Hopefully we can convince Home Depot to do the same thing with their woke asses.
Posted by Earnest_P
Member since Aug 2021
5083 posts
Posted on 6/29/24 at 8:39 am to
quote:

What's iconic is the.pride folks are calling them out for "caving to pressure from a select group", because I'm pretty sure that is why they put in DEI programs to begin with.


That’s how revolutionary groups build consensus. By making traditional and mainstream views seem marginalized. This makes unattached women believe that to be with the group they need to embrace the revolutionary view.
Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
25630 posts
Posted on 6/29/24 at 8:40 am to
quote:

Hopefully we can convince Home Depot to do the same thing with their woke asses.


What has Home Depot done?
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