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So it’s important to remember that companies are not, by and large, moral. They exist for three reasons: to get the money, to get the money, and to get the money. Almost every choice a company makes is in service of that goal.
They are rarely, if ever, going to take moral stands, and it is useless to look at them through the lens of leading a moral crusade. Instead, it is better to look at them as a barometer of public opinion.
Politicians will say anything. Polls can be manipulated. But companies won’t bother with that slight-of-hand nonsense. They want money, and therefore they want people shopping with them as much as possible. And so they will do whatever they think will get them the most business.
50 years ago, can you imagine a business even uttering the term LGBTQ? It would have gotten them crucified. So they didn’t. Now LGBTQ rights are popular with the majority of Americans, so they make it part of their brand.
This thing with Target shows what happens when they get it wrong. And they really, really don’t like being wrong.