Overview
- Target's rollback of its diversity, equity, and inclusion (DEI) program has led to a 40-day boycott organized by activist Rev. Jamal Bryant, coinciding with Lent.
- The company cited an 'evolving external landscape' for ending its DEI initiatives, including the Racial Equity Action and Change program, which pledged $2 billion investment in Black-owned businesses by 2025.
- The boycott follows a nationwide 'economic blackout' on February 28, during which Target experienced an 11% drop in store traffic and a 9% decline in online visits.
- Critics argue the rollback reflects broader corporate and governmental pressure, with President Trump's administration targeting DEI initiatives as discriminatory and threatening investigations.
- Target's recent earnings report shows declining sales and warns of potential further financial pressures, compounded by consumer backlash and economic factors like tariffs.