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TGT
Business Insider
98 days

Target's former diversity chief says calling it DEI is less important than doing the work

1. Target's former diversity chief emphasizes substance over DEI labels. Changes in inclusivity efforts stirred backlash and cultural criticism. 2. CEO Brian Cornell acknowledged employee uncertainty about Target's inclusivity stance. The company has faced declining foot traffic amid changing DEI policies. 3. Caroline Wanga believes actual work is more crucial than DEI branding. She critiques distractions from genuine initiative outcomes.

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FAQ

Why Bearish?

The ongoing backlash against DEI changes could deter customers, impacting sales like past controversies.

How important is it?

The article outlines ongoing issues affecting public perception, influencing consumer behavior and hence targeting TGT's market performance.

Why Short Term?

Immediate consumer reactions to cultural issues typically influence short-term sales performance in retail.

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