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usonian

(19,908 posts)
4. WAIT! IT GETS WORSE!!!
Wed Aug 20, 2025, 05:41 PM
Wednesday
https://www.theguardian.com/business/2025/aug/20/target-ceo-steps-down
Archived at: https://archive.is/JlamV

Target CEO steps down as company faces weak sales and customer boycott
Brian Cornell to be replaced next year as retailer navigates boycott over its scaling back of DEI initiatives

Investigates? Why not just cater to the American Public instead of the Blonde Bigot ™©®



The CEO of Target is stepping down, as the embattled retail giant seeks to turn around its fortunes amid an ongoing customer boycott over its scaling back of diversity, equity and inclusion (DEI) initiatives.

...

Sales at Target, which has almost 2,000 stores across the US, fell more than expected in the first quarter of 2025, and the retailer warned earlier this year that sales will continue to slip through the rest of the year. Target said people were scaling back spending over worries about the impact of tariffs and the state of the economy. The company also said customer boycotts affected sales.

The company scaled back many DEI initiatives in January after they came under attack by conservative activists and the White House.

The retreat created a backlash, and a poll in February found that Americans had changed their shopping habits and abandoned some stores in response to corporations shifting their policies to align with the Trump administration.



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