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Telsey Advisory Group CEO Dana Telsey and Tigress Financial Partners CIO Ivan Feinseth discuss whether inflation is finally forcing consumers to pull back on spending on ‘The Claman Countdown.’

Target's stock value is taking a hit, leaving shareholders in the lurch as controversy continues to swirl over its Pride merchandising plans, as first reported by Fox News Digital.

Shares slipped another 1.6% on Thursday and have dropped more than 12.6% since the furor erupted a week ago Wednesday, as tracked by Dow Jones Market Data Group. That amounts to $9.3 billon in market value. 

Shares have fallen for six consecutive days over that period, their longest losing streak since December 2022 and the worst six-day stretch since the six days ending May 25, 2022, when shares fell 27.34%.

Over the same time frame, the S&P 500 is little changed. Inquiries by FOX Business to Target on its stock selloff were not immediately returned. 

Target .

"For more than a decade, Target has offered an assortment of products aimed at celebrating Pride Month," a company spokesperson told Fox News Digital. "Since introducing this year’s collection, we've experienced threats impacting our team members’ sense of safety and well-being while at work. Given these volatile circumstances, we are making adjustments to our plans, including removing items that have been at the center of the most significant confrontational behavior. Our focus now is on moving forward with our continuing commitment to the LGBTQIA+ community and standing with them as we celebrate Pride Month and throughout the year."Ticker Security Last Change Change % TGT TARGET CORP. 140.78 -2.33 -1.62%

CONSUMERS CREEPED OUT BY TARGET'S ‘TUCK-FRIENDLY’ WOMEN'S SWIMWEAR: ‘SHOPPING ELSEWHERE’

Adding fuel to the fire, the retailer's Gay Pride collection has been linked to a controversial designer: Abprallen's Erik Carnell, who is an outspoken Satanist whose brand features occult imagery and messages like "Satan respects pronouns" on brand apparel, Fox News Digital reported separately.

He is also known for aggressive messaging and phrases, including "Burn down the cis-tem," which have been featured on the website along with one that says "homophobe headrest" with an image of a guillotine.

Carnell explained in an Instagram post that Satan represents "passion, pride and liberty" and "loves all LGBT+ people."Ticker Security Last Change Change % BUD ANHEUSER-BUSCH INBEV 56.87 -0.73 -1.27%

Target is experiencing a similar ongoing trend at Anheuser-Busch following the Bud Light backlash after the brand sent transgender activist Dylan Mulvaney a personalized pack of beer with the influencer's likeness as part of an ad for the company's March Madness contest and to celebrate the year anniversary since Mulvaney began identifying as a woman.

Bud Light has faced intense backlash from longtime customers over a recent campaign with transgender activist Dylan Mulvaney. (Instagram/Fox News / Fox News)

Since March 30 through May 25, the Bud Light parent has lost $18.8 billion in market value with shares down more than 14%, as tracked by Dow Jones Market Data Group, as nationwide boycotts of the beer began and sales tanked. The S&P 500 has risen 2.5% over the same time period. 

CEO Michel Doukeris attempted to distance the company from the campaign while also vowing to help distributors who bore the brunt of the financial outcry.

Now with Memorial Day weekend approaching, the company is attempting even more damage control. Fox News Digital reported that Bud Light revealed a new promotion called the US Budweiser Family Memorial Day Rebate online for customers from eligible states. The rebate promises an amount "equivalent to the purchase price of one (1) 15-pack or larger, up to $15" of Bud Light, Budweiser, Budweiser Select or Budweiser Select 55 paid via Anheuser-Busch Digital Prepaid Mastercard. Based on recent prices for Bud Light products, however, in some cases this would be giving packs of beer away for free.

Anheuser-Busch .

BUD LIGHT SALES DOWN 23.6% IN FIRST WEEK OF MAY AS BACKLASH CONTINUES INTO FIFTH WEEK AMID MULVANEY FALLOUT

Several executives who created and launched the campaign have since been put on leave.

Fox News Digital's Brian Flood, Kristine Parks, Lindsay Kornick and Alexa Moutevelis contributed to this report.

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UK

Woman’s body found close to where two sisters vanished in Scotland

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Woman's body found close to where two sisters vanished in Scotland

The body of a woman has been recovered from the River Dee close to where two missing sisters disappeared in Aberdeen.

Eliza and Henrietta Huszti, both aged 32, were last spotted on CCTV in the city’s Market Street at Victoria Bridge at about 2.12am on Tuesday 7 January.

The women were seen crossing the bridge and turning right on to a footpath next to the River Dee in the direction of Aberdeen Boat Club.

On Friday, it was confirmed a woman’s body had been recovered from the water east of the club.

Although the body is yet to be formally identified, Police Scotland said the family of Henrietta had been informed.

The force added there were “no apparent suspicious circumstances”, with searches ongoing for Eliza.

The Police Scotland dive and marine unit, along with other specialist officers, are carrying out further searches of the river and the riverbanks between Queen Elizabeth Bridge and Victoria Bridge.

A Police dive boat on the River Dee at Aberdeen harbour during the ongoing search for missing sisters, Eliza and Henrietta Huszti. The pair were last seen on CCTV on Market Street at Victoria Bridge, Aberdeen, at about 2.12am on Tuesday January 7. Picture date: Tuesday January 14, 2025.
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A police dive boat pictured on the River Dee at Aberdeen Harbour earlier this month. Pic: PA

A Police dive boat on the River Dee at Aberdeen harbour during the ongoing search for missing sisters, Eliza and Henrietta Huszti. The pair were last seen on CCTV on Market Street at Victoria Bridge, Aberdeen, at about 2.12am on Tuesday January 7. Picture date: Tuesday January 14, 2025.
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Pic: PA

Superintendent David Howieson said: “Our thoughts are with the Huszti family today. We are keeping them fully updated following this recovery and the further search activity which is ongoing.

“Our priority remains finding both of the sisters and search has focused on the River Dee and will do so in the coming days.

“We are carrying out further searches of the river in the area where the body was recovered this morning.

“The river in this area is tidal and conditions are challenging but we will continue to search and make every effort to locate both of the sisters.

“We have sought guidance from a number of experts and this will continue to inform our search activity.”

Investigating officers previously said there had been “no evidence” of the women leaving the immediate area and there had been nothing to suggest “suspicious circumstances or criminality”.

The police revealed that the sisters – who are part of a set of triplets and originally from Hungary – visited the bridge where they were last seen about 12 hours before they disappeared.

They also sent a text message to their landlady on the morning they vanished, indicating they would not be returning to the flat.

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Superintendent Howieson added: “We know how much of an impact this has had in Aberdeen and much further afield.

“We have had a positive response from the public to our appeals and I would like to thank everyone who has already come forward to date.

“I would again urge anyone with any information which could help our investigation to get in touch.”

Henrietta Huszti. Pic: Police Scotland
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Henrietta Huszti. Pic: Police Scotland

Eliza Huszti. Pic: Police Scotland
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Eliza Huszti. Pic: Police Scotland

In a statement released via Police Scotland earlier this month, the family said: “This has been a very worrying and upsetting time for our family.

“We are really worried about Eliza and Henrietta and all we want is for them to be found.”

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UK

Manhunt as police appeal for former footballer to return to prison

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Manhunt as police appeal for former footballer to return to prison

A former footballer has been recalled to prison.

Leon Jeanne, 44, played for a number of clubs including Queens Park Rangers and Cardiff City, breaking into the QPR first team in 1998.

South Wales Police issued a brief appeal on its Facebook page saying he is wanted back in prison.

It said: “Leon Jeanne, age 44, from Cardiff. Recalled to prison. Give reference 2500002271.”

Former England international Peter Crouch once named Jeanne among the players who didn’t make it to the level he expected.

He told the Daily Mail in 2020 that Jeanne “looked like he could go far but it never happened”.

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In 2015, Jeanne was one of six men convicted of conspiring to supply cocaine, heroin and cannabis, and sentenced to 30 months in prison.

Police said a gang of six men plotted to bring hundreds of thousands of pounds worth of drugs into Gloucestershire from London, Cardiff and Birmingham, the BBC reported at the time.

Jeanne’s son, Rafel, was one of three people who died in a car crash in Cardiff in March 2023.

Jeanne’s stint in prison on drug offences was not his last run-in with the law, and he has also faced convictions including dangerous driving and threatening behaviour, Wales Online reported.

Police did not specify why he has now been recalled to prison.

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Environment

Wheel-E Podcast: JackRabbit’s solar charger, Cowboy e-motos, more

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Wheel-E Podcast: JackRabbit's solar charger, Cowboy e-motos, more

This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes a new solar charging kit from JackRabbit, a reversal on a plan to double the power limit for e-bikes in the UK, China is pushing to replace lithium-ion battery e-bikes with lead acid battery alternatives, the Dallas Cowboys all got new electric motorcycles, UBCO enters receivership, and more.

The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends, the video will be archived on YouTube and the audio on all your favorite podcast apps:

We also have a Patreon if you want to help us to avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the Wheel-E podcast today:

Here’s the live stream for today’s episode starting at 10:00 a.m. ET (or the video after 11:00 a.m. ET):

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