Tag: Target
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Target Reels: Activists Plot Next Moves
By Stacy M. Brown BlackPressUSA.com Senior National Correspondent Target is spiraling as consumer boycotts intensify, workers push to unionize, and the company faces mounting financial losses following its rollback of diversity, equity, and inclusion (DEI) initiatives. With foot traffic plummeting, stock prices at a five-year low, and employee discontent boiling over, national civil rights leaders ... -
Target Pays Price for Breaking Promise to Black America
By Stacy M. Brown BlackPressUSA.com Sr Natl Correspondent Target is losing more than its commitment to equity, it’s losing customers. For the eighth consecutive week, shoppers have turned away from the retail giant following its decision to dismantle its diversity, equity, and inclusion (DEI) program in January. New data from Placer.ai shows store visits ... -
DEI Rollback Costs Target Billions and Loyalty
By Stacy M. Brown BlackPressUSA.com Sr Natl Correspondent Target continues to face mounting financial and reputational fallout after reversing course on diversity, equity, and inclusion (DEI) initiatives. The retail giant has lost more than $12.4 billion in revenue, seen its stock plunge by $27.27 per share, and is grappling with multiple lawsuits linked to ...