Thursday, August 21, 2025

Creating liberating content

Mumbai: Uncertainty over US President Donald Trump’s tariffs and external

MUMBAI: Indian cricket’s latest blue-eyed boy, Shubman Gill, is the

CHENNAI: A little over a year after UltraTech Cement acquired

NEW DELHI Finance minister Nirmala Sitharaman said on Wednesday that

Related News

Mumbai: Uncertainty over US President Donald Trump’s tariffs and external demand clouded the Monetary Policy Committee’s assessment of the future path of growth and inflation, prompting it to hold back

MUMBAI: Indian cricket’s latest blue-eyed boy, Shubman Gill, is the new favourite with brands. His stellar performance in the India-England Test series, both as captain and batsman, had already bolstered

CHENNAI: A little over a year after UltraTech Cement acquired India Cements, billionaire industrialist Kumar Mangalam Birla’s building materials flagship is set to sell Rs 740 crore worth of India

NEW DELHI Finance minister Nirmala Sitharaman said on Wednesday that proposed GST rate rationalisation was aimed at providing greater relief to the common man, farmers, the middle class and MSMEs,

Alibaba’s global headquarters in Hangzhou, Zhejiang Province, China, on May 9, 2024. Nurphoto | Nurphoto | Getty Images Alibaba-backed Banma, a provider of technology for smart cars, is planning to

NEW DELHI: The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 10 lakh on ride-hailing platform Rapido for disseminating misleading advertisements and engaging in unfair trade practices,

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Target faces 40-day boycott over rollback of DEI policies

Word Count: 773 | Estimated Reading Time: 4 minutes


Target faces 40-day boycott over rollback of DEI policies

Target is set to face a 40-day consumer boycott starting Wednesday over its decision to scale back diversity, equity, and inclusion (DEI) initiatives. The protest, spearheaded by Rev. Jamal Bryant, an Atlanta-based megachurch pastor, follows the company’s recent policy shifts on minority hiring and racial justice efforts.
“We’re asking people to divest from Target because they have turned their back on our community,” Bryant told CNN.
The boycott coincides with the beginning of Lent and comes at a challenging time for Target, which is already dealing with economic headwinds and increased tariffs. In January, the company announced the elimination of hiring targets for minority employees, the dissolution of an executive committee focused on racial justice, and a shift to a new strategy called “Belonging at the Bullseye.” Target said it remains committed to inclusivity but aims to adapt to “the evolving external landscape.”
The company’s DEI rollback aligns with a broader trend among major corporations responding to legal and political pressure from conservative groups and the Trump administration. However, Target has faced harsher criticism than competitors like Walmart or John Deere due to its historically progressive stance on racial and LGBTQ issues. The backlash has been particularly vocal, with customers expressing outrage online, and Anne and Lucy Dayton, daughters of a Target co-founder, calling the company’s actions “a betrayal.”
“Black people spend upwards of $12 million dollars a day, and so we would expect some loyalty, some decency and some camaraderie,” Bryant said.
Some worry that the boycott could inadvertently harm Black-owned businesses. Melissa Butler, CEO of The Lip Bar, a Black-owned makeup brand sold at Target, voiced concerns on TikTok, stating, “We don’t want these minority businesses to suffer or to be impacted negatively.”
Target declined to comment on the boycott but reiterated its commitment to inclusivity, emphasising its continued support for minority-owned businesses.
Early signs indicate that the controversy may already be affecting Target’s foot traffic. Data from Placer.ai, which tracks store visits using phone location data, suggests that customer visits to major retailers have slowed in recent weeks, with the sharpest decline seen at Target. Analyst Joseph Feldman of Telsey Advisory Group noted that traffic began dropping in late January, shortly after the company scaled back its DEI programs.
The boycott adds to Target’s existing financial pressures, including declining sales and the impact of tariffs. CEO Brian Cornell warned Tuesday that Trump’s tariffs on Mexican imports could lead to price hikes on produce as early as this week. “Those are categories where we’ll try to protect pricing, but the consumer will likely see price increases over the next couple of days,” Cornell told CNBC.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account