News
Target (TGT) Warns of Full-Year Sales Decline After Discretionary Slump and DEI Backlash
The company reported a 2.4% decline in transactions and a 1.4% drop in average customer spending. While digital sales rose 4.7%, it wasn't enough to offset broader weakness in its core discretionary categories.
Target said reaction to the rollback of its diversity, equity and inclusion efforts was a headwind in the first quarter.
Target's fall from omni-channel grace continues, with tariffs and DEI backlash adding to the pain points. One it can do little about; the other is self-inflicted. Where to now?
The political pressure on American businesses to roll back DEI programs continues unabated but around the world DEI is ...
Target is giving itself black eyes on its earnings day. The discount retailer badly missed Wall Street estimates for first quarter earnings on Tuesday morning and slashed its full ...
Opinion: SMU associate law professor Carliss Chatman writes that federal contractors running away from previous diversity, ...
Gay City News on MSN17h
NYC Pride loses sponsors, scales back events amid DEI backlashA report in the Wall Street Journal late last month pointed to many of the warning signs leading up to this year’s main NYC ...
With regard to the rollback of Target's DEI efforts, Cornell cited "the reaction ... as evidenced in 2023 when it faced an anti-LGBTQ+ backlash against its Pride collection. Target shares have ...
Target will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback