Macy's is the latest to cut ties with Donald Trump following his controversial comments about Mexico and Mexicans during his announcement that he was running for president.
The company issued a statement:
"Macy's is a company that stands for diversity and inclusion. We have no tolerance for discrimination in any form. We welcome all customers, and respect for the dignity of all people is a cornerstone of our culture. We are disappointed and distressed by recent remarks about immigrants from Mexico. We do not believe the disparaging characterizations portray an accurate picture of the many Mexicans, Mexican Americans and Latinos who have made so many valuable contributions to the success of our nation."
The company went on to say, "In light of statements made by Donald Trump, which are inconsistent with Macy's values, we have decided to discontinue our business relationship with Mr. Trump and will phase-out the Trump menswear collection, which has been sold at Macy's since 2004."
Following the news, Trump released his own statement:
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"I have decided to terminate my relationship with Macy's because of the pressure being put on them by outside sources. While selling Trump ties and shirts at Macy's is a small business in terms of dollar volume, my principles are far more important and therefore much more valuable. I have never been happy about the fact that the ties and shirts are made in China, and should I start a new product line somewhere in the future, I would insist that they are made in America."
Trump also added:
"Clearly, NBC and Macy's support illegal immigration, which is totally detrimental to the fabric of our once great country. Both Macy's and NBC totally caved at the first sight of potential difficulty with special interest groups who are nothing more than professional agitators, who are not looking out for the people they purport to represent, but only for themselves. It is people like this that are actually running our country because our leaders are weak and ineffective."
Later in the day, Trump called for a boycott of Macy's.
NBCUniversal, the parent company of NBC, NBC News and Telemundo, recently announced it would end its business relationship with Trump. The network will no longer air the annual Miss USA and Miss Universe pageants, which were part of a joint venture with Trump, and the show "Celebrity Apprentice" will no longer have Trump as the host.
Related: NBC Cuts Business Ties with Donald Trump Over Immigration Remarks
Before NBC, Univision made the decision to end its relationship with the real estate mogul, citing "love for family, strong religious values and the important role Mexican immigrants and Mexican-Americans have had and will continue to have in building the future of our country."
Related: Univision Ends Miss Universe Business Deal Over Trump Mexico Comments
In his announcement speech, Trump said:
"When Mexico sends its people, they're not sending their best," he said. "They're not sending you. They're sending people that have lots of problems, and they're bringing those problems with us. They're bringing drugs. They're bringing crime. They're rapists. And some, I assume, are good people."
Trump later defended his comments about Mexico, saying he loves the people of Mexico and Mexican food.