Target, DEI and sales Outlook
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Target said reactions to its DEI moves have adversely impacted sales, and protesters say they're not yet satisfied with the company's response.
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Target’s was already facing a very public revolt from some of its most loyal customers. Now it’s warning about tariffs.
Target Corp., facing financial headwinds and pushback over its diversity, equity, and inclusion initiatives, has dismissed two executives who have backed DEI efforts, including a chief legal and compliance officer it hired nine months ago.
A boycott launched by Target shoppers unhappy with its DEI retreat has added to the retailer's sales headaches, prompting CEO Brian Cornell to announce sweeping changes Wednesday.
The retail giant Target continues to wander in troubled territory. In an earnings call today, CEO Brian Cornell told investors that the company has suffered declines in sales, partly because consumers are spending less on discretionary goods amid uncertainty over tariffs,
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The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they will slip for all of 2025 year as its customers, worried over the impact of tariffs and the economy, pull back on spending.
Target is giving itself black eyes on its earnings day. The discount retailer badly missed Wall Street estimates for first quarter earnings on Tuesday morning and slashed its full
The Justice Department will use a law typically used to punish corrupt recipients of federal funding to pressure universities to abandon diversity, equity, and inclusion programs. President Donald Trump’s Department of Justice cited what it views as universities’ inadequate responses to campus antisemitism and “divisive” DEI policies as justification for using the False Claims Act.