One of the largest department stores in the country, Macy’s Inc. (NYSE: M), will be has made the decision to drop Donald Trump’s clothing line. After Mr. Trump’s latest comments regarding Mexican immigrants with racist remarks, there has been uproar amongst the country. People across the country have petitioned in outrage to have Trump’s business deals and network dropped with other companies. Many have motioned a petition to have Macy’s drop Trump’s clothing line, to which the company has agreed to pursue.
The company, Macy’s, has acknowledged that Mr. Trump’s racist remarks and attitude towards Mexican Immigrants, does not align with their company’s mission or values. His remarks described the immigrants as people who bring drugs into the country and as “rapists”. Although, Trump’s clothing line does add financial value to the company and has sold well throughout stores, Macy’s views align with that of the petitioners for greater value and standards in the long-run. Another company said to have drop ties with Mr. Trump, is NBC Universal Media, LLC.
However, Mr. Trump’s recent remarks regarding both Macy’s and NBC’s decision to drop business with him, shows that he firmly stands by his statements regarding immigrants. Trump further remarks after the incident tell another story; that Trump initiated breaking ties with both companies, not the other way around. He claims that these companies support immigrants and that his views are in fact correct. Mr. Trump clearly seems to not take being “fired” well, he even further comments any further business that he will pursue will be in the Unites States only.