Target, sales
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Target's former chief diversity officer, Caroline Wanga, said that DEI programs were a way of setting measurable goals on the way to deeper change.
1don MSN
Target’s was already facing a very public revolt from some of its most loyal customers. Now it’s warning about tariffs.
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 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.
Black entrepreneurs who sell products through the retailer say sales have dropped due to the boycotts against Target’s DEI rollback, and they fear losing their ties to the company.
Verizon on Friday announced that it is ending corporate diversity, equity and inclusion (DEI) goals as it faces a Trump administration probe and scrutiny of a proposed acquisition.
The Target protests are meant to pressure the retailer to re-establish its commitment to DEI and other demands by the organizers.