Target, very last resort
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Target, the boycott
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A boycott launched by Target shoppers unhappy with its DEI retreat has added to the retailer's sales headaches, prompting CEO Brian Cornell to announce sweeping changes Wednesday.
The retail giant Target continues to wander in troubled territory.
Target now expects a “low single-digit [percentage] decline” in sales for the fiscal year; it previously forecast 1 percent growth.
We’re constantly adjusting pricing,” Target CEO Brian Cornell said during an earnings call on Wednesday, as reported by CNBC. “Some are going up, some will be reduced, but that’s an ongoing effort that takes place each and every day.
Q1 2025 Management View Brian Cornell, CEO, stated that "our team and our business faced an exceptionally challenging environment that affected our performance with declines in both traffic and sales,
CEO Brian Cornell said a number of factors led to a sharp sales decline in the first quarter, including a boycott led by Black leaders.
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Soy Carmín on MSNTarget CEO Acknowledges "Tough Few Months" Amid Customer BoycottsThe CEO of Target has publicly acknowledged the challenges the company has faced in recent months, amidst ongoing boycotts from customers. This article examines the situation and the CEO's response to the backlash.