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re: Target pays $110 million to terminate its lease in Minneapolis after months of protests
Posted on 2/26/26 at 8:32 pm to Diamondawg
Posted on 2/26/26 at 8:32 pm to Diamondawg
It just smarter to get it over with pay what you can negotiate and leave
1
Posted on 2/26/26 at 8:38 pm to L.A.
Does Target still have the lease for those pedo bathrooms?
Posted on 2/26/26 at 8:43 pm to L.A.
Muh food deserts
Posted on 2/26/26 at 8:46 pm to L.A.
Go woke, go broke
Posted on 2/26/26 at 8:48 pm to James11111
quote:
Who is that in that video?
Not sure, but it looks like Halloween because the crusty lesbian is dressed as a priest.
Posted on 2/26/26 at 8:48 pm to L.A.
I hope Target goes bankrupt but why are these lunatics picking on Target?
Posted on 2/26/26 at 8:51 pm to OWLFAN86
quote:I understand that. But, I was hoping that DcCtiger guy could break down for us as though we're 1st year MBA students as opposed to seasoned MBAs that have made $110 million write downs because someone screwed up.
It just smarter to get it over with pay what you can negotiate and leave
This post was edited on 2/26/26 at 8:58 pm
Posted on 2/26/26 at 8:53 pm to Diamondawg
i took a guess
Posted on 2/26/26 at 8:55 pm to L.A.
frick Target.
They went woke.
They went woke.
Posted on 2/26/26 at 9:09 pm to James11111
quote:
Who is that in that video?
Some leftist clergyperson who is all feels, but has no idea how businesses work or even the understanding that businesses are not sociology projects. They're in business to make a profit.
Posted on 2/26/26 at 9:11 pm to 14&Counting
Target is still woke. They can find some other state.
Posted on 2/26/26 at 9:33 pm to L.A.
Muh food desert.
Posted on 2/26/26 at 9:34 pm to Diamondawg
You're the idiot that thinks they paid 110 million to get out of a retail store lease
Posted on 2/26/26 at 9:40 pm to 14&Counting
Nah, we’re full. Oklahoma or Louisiana could use some money.
Posted on 2/27/26 at 1:25 am to HonoraryCoonass
quote:
The main Target headquarters is in another part of Minneapolis. These were supplemental offices. Employees quit coming to this space during Covid, and never fully returned there. I’m guessing that proved to Target the space wasn’t necessary.
LOL at all of the “sheep” trying to spin this into something political!
Posted on 2/27/26 at 2:30 am to L.A.
Total crisis is what they are.
Posted on 2/27/26 at 3:56 am to Diamondawg
quote:
I understand that. But, I was hoping that DcCtiger guy could break down for us as though we're 1st year MBA students as opposed to seasoned MBAs that have made $110 million write downs because someone screwed up.
I dont know the numbers but I can guess why the decision was made.
Lets say you lease is 20 million a year and operating costs for power, maintenance, security, the skeleton crew you still have working there is another 5. Thats 25 annually and you lease runs another 8 years. Thats 200million total.
Looking at the net present value of that extra 90 million you could save by paying the 110mil and your return on invested capital, it makes good fiscal sense to buy out the lease.
So you "cut your losses", "ripped off the band aid", etc. However in good corporate spin I prefer to say.........
I didnt "lose" 110 million, I saved the company 90 million (less net present value calculations). Now where is my bonus
Posted on 2/27/26 at 6:33 am to DCtiger1
quote:Thanks! I knew you couldn't explain it.
You're the idiot that thinks they paid 110 million to get out of a retail store lease
Posted on 2/27/26 at 6:36 am to Smeg
Ever since Target pulled the kiddie trans wear off the sales floor ( but still available & online as I understand it) the Left have turned on them.
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