Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

Add Sears and Kmart to List of Retailers Boycotting Trump Products

Two major United States retailers added their names to the list of companies that refuse to carry Trump products. The boycott on Trump products continues on with the addition of Sears Holdings and Kmart. The two announced on Saturday that they will no longer be the carrier of the Trump Home collection available online. The collection sells furniture, lamps, and chandeliers.

Although it is uncertain which of the Trump Home Collections 31 items will be discontinued from the site, at least 14 of the Trump Home Collection products that are sold by third party sellers still remain on the Sears and Kmart website. Those items have even been discounted. For example, a $942 Trump Home mirror down to $624 is marked down on Sears website. Another mirror that had the original price of $818 is now down to a discounted price of $598. On the Kmart website, two Trump Home lamps have been discounted as well.

However, Sears and Kmart join a growing list of companies that have dropped any and all Trump brands as part of a boycott of the first family’s products. Ivanka Trumps name brand clothing line has suffered quite a bit due to retailers like Nordstrom, Neiman Marcus, and Belk dropping her clothing, shoes, and jewelry.

The boycott begins with the Grab Your Wallet campaign. Grab Your Wallet is a list of all the retailers that carry Trump brand merchandise and encourages shoppers to boycott those locations. Though it is clear that none of the companies like Sears, Kmart, Neiman Marcus, Belk, and Nordstrom mentioned the campaign when they announced their discontinuation of Trump merchandise.

The origin of the Grab Your Wallet campaign began back in October after the tape of a 2005 interview with Donald Trump. In the recording, Trump brags on his groping and advancement of women surfaced. The founder of the campaign, Shannon Coulter, posted a tweet which criticized Nordstrom for doing business with Ivanka.

It wasn’t long after the incident that the company reported the rapid drop in sales of Ivanka Trump’s line dropped by 32 percent in the last fiscal year. Ivanka Trump’s products for the third and fourth week of October were even lower by 70 percent.

Even though Sears, Kmart, Nordstrom and the other retailers didn’t say if the list was part of the decision, it is a possibility that consumer feedback had a large part in the prompting of their choice. Some retailers have stopped selling the items online even though they continue to sell in a store, like Belk. In fact, Nordstrom said that its choice to pull Ivanka Trump’s line was due to performance instead of fuss brought on by politics.

Nordstrom made a statement saying, “Over the past year, and particularly in the last half of 2016, sales of the brand have steadily declined to the point where it didn’t make good business sense for us to continue with the line for now.”

Neiman Marcus even made a similar comment about its choice to get rid of the brand was due to “productivity.”

Trump took to Twitter to show his unhappiness about the incident. He lashed out against Nordstrom about the company dropping his daughter’s line.

https://twitter.com/realDonaldTrump/status/829356871848951809

Even the White House has jumped to Ivanka Trump’s defense with counselor Kellyanne Conway appearing to have crossed ethical lines during an interview with Fox News for plugging Ivanka’s products.

Conway said, “Go buy Ivanka’s stuff is what I would tell you. I’m going to give a free commercial here. Go buy it today, everybody. You can find it online.”

This endorsement violates an ethics rule that prevents federal employees in office from endorsing products. It wasn’t long after that the White House claimed to have “counseled” Conway about her endorsement.


Comment Template

You May Also Like

Business

On January 27, 2025, a tech-driven selloff erased $108 billion from the fortunes of the world’s wealthiest, sparked by struggles at AI giant DeepSeek....

Business

Amazon has appointed Whole Foods CEO Jason Buechel to lead its global grocery operations, signaling a bold push to redefine the grocery industry. With...

Business

Amazon is transforming Prime Video to achieve profitability by 2025, focusing on live sports, integrating third-party channels, and diversifying revenue streams. Led by CEO...

Business

Alphabet Inc. reached a major milestone as its shares closed above $200 for the first time, driven by a strong focus on AI innovation...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok