Walmart, Target and Other Companies Warn About Growing Consumer Boycotts

How Target lost its sparkle

Rachelle Biennestin (left) and Kandace Montgomery (right) used to be avid Target shoppers.Courtesy of Rachelle Biennestin and Kandace MontgomeryFor many shoppers, Target runs became more than just an errand; they're a beloved treat.Something changed this year: Sales and foot traffic are down, and the discourse has shifted.Four former Target superfans told BI why they're disillusioned — and where they're shopping instead.Rachelle Biennestin decid…

They Scared: Target, Walmart Warn Their Investors About Consumer Boycotts

Source: Gary Hershorn / Getty Several companies have learned the hard way that the Trump administration isn’t as “pro-business” as it claimed. The administration’s pronounced crackdown on diversity, equity, and inclusion (DEI) initiatives has resulted in several companies rolling back, if not outright ending their DEI programs, which in turn has inspired consumer boycotts that have directly impacted sales at several companies. In fact, consumer …

Target CEO blames lousy earnings on anti-woke ‘headwinds’ — and Wall Street is chuckling

Investors and traders got a good laugh last week when Target's CEO Brian Cornell suggested that a lousy quarter was partly the result of a consumer backlash against the retailer for rolling back its DEI efforts, On The Money has learned.

Target Fires 2 Executives Who Supported DEI Causes, Further Adding to Sales Woes - RetailWire

Target continues to eliminate its diversity, equity, and inclusion (DEI) practices despite ongoing customer pushback. Bloomberg Law is reporting that after joining Target last summer to succeed retiring legal and compliance director Don Liu, who spent nearly nine years there trying to reduce the company’s outside counsel panel using DEI and other criteria, including efficiency and risk tolerance, Amy Tu is departing Target. Tu has discussed how …

Walmart & Target 'worried' over boycott as shopper fume over policy overhauls

WALMART and Target are bracing for impact and quietly warning of consumer backlash as outrage brews over their changing policies. The retail giants recently admitted in regulatory filings that they fear massive financial loss due to boycotts against the companies. APWalmart and Target are quietly warning of consumer backlash due to DEI policy[/caption] APRetail giants are warning investors about the risks of becoming the next target of angry cus…

They Scared: Target, Walmart Warn Investors About Consumer Boycotts

Source: Gary Hershorn / Getty Several companies have learned the hard way that the Trump administration isn’t as “pro-business” as it claimed. The administration’s pronounced crackdown on diversity, equity, and inclusion (DEI) initiatives has resulted in several companies rolling back, if not outright ending their DEI programs, which in turn has inspired consumer boycotts that have directly impacted sales at several companies. In fact, consumer …