Target’s rollback on diversity, equity and inclusion initiatives is raising questions about the retail giant’s philanthropic commitment to fighting racial disparities and promoting progressive values in liberal Minneapolis,
Consumers who want to boycott Target should instead spend their dollars on products from Black-owned businesses at the retailer, said April Showers, founder and chief executive of toy, apparel and home goods brand Afro Unicorn, which has been sold at Target since 2022.
Target is the latest US company to retreat from policies designed to enhance racial and ethnic representation in the workplace.
Target is ending its DEI program this year, the latest corporation to step away from such policies in the face of scrutiny from conservative groups.
This year’s top 50 ranking of the World’s Most Admired Companies from Fortune magazine omits some big brands that were included on previous lists. The sole Minnesota company left? Target Corp.
The group’s decision is a response to the retailer’s plans to roll back diversity and inclusion initiatives, Executive Director Andi Otto said Sunday.
Stifel Nicolaus analyst Mark Astrachan maintained a Hold rating on Target (TGT – Research Report) yesterday and set a price target of $145.00. Discover outperforming stocks and invest smarter ...
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The retailer's decision met with notable criticism, with some noting the company's reputation for inclusiveness has helped it attract a younger, more diverse consumer base.
The Reserve Bank of India (RBI) is set to cut its main policy rate on Feb. 7 followed by just one more cut next quarter, according to economists polled by Reuters, who have kept their views largely unchanged from a month ago.