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Tariff uncertainty, DEI backlash hurt Target’s results. Price increases are ‘the very last resort,’ CEO says.
Target said reaction to the rollback of its diversity, equity and inclusion efforts was a headwind in the first quarter.
diginomica4h
Target accelerates - but to what (or whose) end? Pacing the further fall of a one-time omni-channel retail leader
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?
DEI: Under Attack In America, Thriving Around The World
The political pressure on American businesses to roll back DEI programs continues unabated but around the world DEI is ...
DEI Rollbacks Create Legal, Governance Risks Under Section 1981
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 backlash
A report in the Wall Street Journal late last month pointed to many of the warning signs leading up to this year’s main NYC ...
Morningstar22h
Tariff uncertainty, DEI backlash hurt Target's results. CEO says price increases are 'the very last resort.'
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 cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback
Target will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get ...
Target badly misses on earnings, slashes guidance as it battles DEI backlash and reinvigorated Walmart
The discount retailer badly whiffed on earnings on Tuesday morning and slashed its full-year outlook. Its results are likely to spark worry that consumer protests of its January retreat on DEI ...