Tag: Target Corporation
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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 ...