Overview
- Rev. Al Sharpton described his meeting with Target CEO Brian Cornell as 'very constructive and candid,' following the retailer's rollback of DEI programs earlier this year.
- Sharpton plans to consult with allies, including Rev. Jamal Bryant, before deciding whether to escalate or end boycott efforts targeting Target.
- Target's January decision to end its three-year DEI goals and supplier diversity initiatives has led to ten consecutive weeks of declining foot traffic, according to Placer.ai data.
- The rollback aligns with a broader trend among corporations, including Walmart and McDonald’s, scaling back DEI initiatives amid political and economic pressures.
- Target's response to the backlash could influence its future relationship with civil rights organizations and its standing with Black consumers and minority-owned businesses.