Tag: Target Corporation
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Target: Black Leaders Reject Corporate Spin
By Stacy M. Brown Black Press USA Sr Natl Correspondent Target continues to look for love in all the wrong places. As the retailer grapples with falling sales, declining foot traffic, and an escalating boycott, it has poured resources into celebrity deals and high-profile partnerships without directly addressing the harm Black communities say it ... -
Target Partnership with Natl Baptist Convention Backfires
By Stacy M. Brown Black Press USA Sr Natl Correspondent The National Baptist Convention, USA, Inc. is facing mounting criticism after announcing a three-year, $300,000 partnership with Target, a company at the center of an ongoing boycott over its retreat from diversity, equity, and inclusion efforts. The deal, made public on June 20, is ... -
Target Takes Hit: $12.4 Billion Wiped Out
By Stacy Brown Target Corporation’s stock plummeted by approximately $27.27 per share by the end of February, erasing about $12.4 billion in market value. The drop came on February 28, the designated economic blackout day, and coincided with mounting backlash over the retailer’s decision to abandon its diversity, equity, and inclusion (DEI) commitments. The National ... -
Target Caught in DEI Crossfire
By Stacy M. Brown NNPA Newswire Sr Natl Correspondent Target Corporation, which recently scaled back its diversity, equity, and inclusion (DEI) initiatives, is facing financial consequences, community backlash, and new legal challenges from both sides of the political spectrum. The retail giant’s decision to retreat from its DEI commitments and Pride Month merchandise has drawn ...