Headlines

Target CEO to Meet with Sharpton

Target Corp. (Minneapolis) CEO Brian Cornell plans to meet with civil rights leader the Rev. Al Sharpton to discuss the retailer’s decision to roll back its DEI programs, CNBC reports. The discussion, which Target requested, comes as the big-box retailer faces calls for a boycott and a slowdown in foot traffic that began soon after it said it was backing off from some DEI initiatives in January.

Sharpton has not called for a boycott of Target, but said he’ll consider it if the company doesn’t reaffirm its commitment to Black businesses, employees and consumers.

The session is expected to take place by the end of the week in New York.

Target’s plans to curtail its DEI initiatives became known when its Chief Community Impact and Equity Officer sent out a memo to employees saying such moves were “in step with the evolving external landscape.”

“With its decision to roll back DEI efforts, the cheap-chic retailer joined Walmart, McDonald’s, Tractor Supply and a slew of others that scrapped at least some DEI initiatives as they grew concerned that the programs could alienate some customers or land them in the crosshairs of President Donald Trump, who has vowed to end every DEI program across the federal government,” the CNBC report notes.

VMSD Staff

Drawing on more than 125 years of history serving the retail design market, VMSD magazine provides retail professionals with the most up-to-date, innovative retail design ideas and industry news through its industry-leading magazine, website, social media channels and bulletins.

Recent Posts

Walmart, Trump Joust Over Prices

President to retailer: “EAT THE TARIFFS”

15 hours ago

Bath & Body Works Taps Ex-Nike Exec as CEO

Daniel Heaf also worked in senior digital role at Burberry

23 hours ago

Retailers, Restaurants Hit Milestones

Dollar Stores, KPOT, Moe’s and Wayfair notch growth benchmarks

23 hours ago

Episode 78: Claire Coder

Turning "No" into Aunt Flow with Claire Coder, Founder and CEO, Aunt Flow

1 day ago

Purpose or Promotions on Memorial Day?

Many Americans want retailers to make donations to veterans, not offer sales to shoppers

1 day ago

Saks Global Cutting Up to 600 Suppliers

Luxury retailer says it's “right-sizing our vendor mix”

4 days ago

This website uses cookies.