Target hit with class-action lawsuit claiming it misled investors over DEI policies
Target’s stock price plummeted 22% on Nov. 20, 2024, destroying nearly $16 billion in market cap in a single day after the ...
Target is sued for defrauding shareholders about DEI
Target has been sued for allegedly concealing the risks of its diversity and social initiatives, leading to a backlash that ...
Target Sued Over DEI
On January 24, Target ended its DEI program, as well as a separate initiative to support Black-owned businesses that it had ...
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Target was one of the most outspoken supporters of DEI. It’s changed its tune
But less than five years later, Target has dialed back its high-profile DEI program. In 2020, Target CEO Brian Cornell said ...
Courtney Adeleye, founder of The Mane Choice, launches new brand in Target post-DEI debacle
Beauty and hair industry veteran Courtney Adeleye was on the shelves before Target initially launched its DEI programs.
A list of companies that have pulled back on DEI, including Google, Target, Walmart, and Meta
The number of companies ending their diversity, equity, and inclusion programs continues to grow, with Google becoming one of ...
Disney Ditches DEI Program After Trump Executive Order
Disney is ditching its diversity, equity and inclusion program, becoming the latest major company to scale back its DEI ...
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Motives of arsonists, Target’s DEI reversal, Super Bowl ads: Catch up on the day’s stories
2️⃣ Target’s reversal: The company was one of the most outspoken supporters of diversity and inclusion initiatives. Less than ...
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Activists call for boycott of Target following rollback of DEI initiatives
Activists are calling for a nationwide boycott of Target stores following the company's decision​ to roll back its diversity, ...
Missouri prosecutors sue Starbucks over DEI practices, claiming they raise prices and slow service
A new lawsuit filed by Missouri's attorney general alleges that Starbucks is unlawfully relying on "race-and-sex-based hiring ...
Boyd Cru Wines to open first store in Maryland after Target's DEI rollback
"It was definitely a bit of a shock," Boyd, the co-founder and CEO of Maryland winemaker Boyd Cru Wines, told me.
How companies are navigating the DEI backlash
The war on diversity, equity and inclusion has left executives scratching their heads about what posture to adopt — and what they choose depends on many factors.