Target, Sales and DEI Boycott
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Sales at Target 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.
When a company wins a cute nickname from its customers, it’s usually a sign something is going right. That was true for Target, the US retailer of trendy but affordable fashion and home goods widely known by the faux French moniker “Tar-zhay”. But in these unsentimental times, investors are focused on targets of a more prosaic kind.
A Georgia priest behind the Target boycott is leading 60+ churches in protests this weekend on the anniversary of George Floyd's murder. When and why?
Retailers have been treading carefully around the question of price increases and minimizing discussion of import taxes since Trump slammed Walmart last weekend.
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.
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.