News

Target stumbles as tariffs hit earnings and sales fall amid DEI backlash
Target now expects a “low single-digit [percentage] decline” in sales for the fiscal year; it previously forecast 1 percent ...
DEI boycott 'played a role' in Target's Q1 sales slump as foot traffic declined
Target and Walmart both faced boycotts over pulling back from their DEI efforts. But Target got the worst of the effects.
The Washington Informer1d
When DEI Gets Cut, So Do Profits: The Real Cost of Abandoning Equity
Target and other corporations are facing financial consequences after scaling back their DEI initiatives, resulting in lost ...
Tariffs, DEI backlash take toll on Target’s Q1 earnings
The company cut its guidance for sales and earnings and now expects a low, single-digit decline in sales, down from a ...
Target Lets Go Pair of Executives Who Had Supported DEI Programs
Target Corp., facing financial headwinds and pushback over its diversity, equity, and inclusion initiatives, has dismissed two executives who have backed DEI efforts, including a chief legal and ...
New York Post3d
Target slashes outlook after tariffs, DEI boycotts slam sales: ‘We’re not satisfied with these results’
Comparable sales dropped 3.8% in the quarter ended May 3 ... and the reaction to the updates we shared on [DEI] in January,” Target CEO Brian Cornell told analysts on an earnings call.
Target sales slump amid tariff war, DEI change backlash
Target's top boss warned that the company has been trying to navigate through a highly challenging environment, which included President Donald Trump's trade war with other nations.