Target Faces Boycott: 200 Days Without DEI, Financial Impact Grows
1. Target's stock fell 33% after ending DEI initiatives, losing $20 billion in value. 2. Boycotts significantly impacted Target, as foot traffic and sales declined sharply. 3. CEO Brian Cornell's resignation reflects severe challenges faced by Target. 4. Class-action lawsuits claim Target misled investors on DEI-related financial risks. 5. Competitors like Costco benefit as Target struggles with its DEI rollback.