Target, DEI and sales
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Target said reaction to the rollback of its diversity, equity and inclusion efforts was a headwind in the first quarter.
The mass retailer lowered its guidance for the full year, announced the departure of multiple executives and launched a new strategic office in an effort to combat sales declines.
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 thriving.
Opinion: SMU associate law professor Carliss Chatman writes that federal contractors running away from previous diversity, equity, and inclusion agreements could expose themselves to legal risk.
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Gay City News on MSNNYC 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 Pride March, which is slated for
Target will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get back to growth. Here's what Wall Street is expecting for the discounter, according to a survey of analysts by LSEG:
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 policies, combined with Trump tariffs, have created a financial tornado destined to wallop the company.