Target’s stock price plummeted 22% on Nov. 20, 2024, destroying nearly $16 billion in market cap in a single day after the ...
The class action lawsuit alleges Target leadership misled investors about the financial impact of boycotts in 2023.
Target was hit with a class action suit claiming the retailer duped investors about the company's DEI policies and tricked them into buying stock at an artificially inflated price.
Target’s decision to scale back its DEI programs is being met with backlash from the LGBTQ+ community on the ...
Target was one of corporate America’s most forceful supporters of diversity and inclusion initiatives and vowed to support ...
Pressure on Target over diversity and Pride Target is altering its approach ... Target employees and instances of damaged products and displays in stores. Target opted to remove certain items ...
Although several companies have cut or scaled back DEI programs, Target's reversal on DEI seemed to draw the greatest outrage ...
Twin Cities Pride executive director Andi Otto says the nonprofit made the decision because Target is not standing up ...
Then once Target reacted by removing some Pride items and moving the display to the back of certain stores, LGBTQ people and supporters responded by boycotting the store as well. In the lawsuit ...