Target announces scaleback of DEI.

Not long ago, weren't they big supporters of DEI, LGBT?

It's just funny how quickly companies flip flop with their support.
Of course some anti-DEI people will be proudly shopping there in support, forgetting what happened yesteryear...

What they NEED to scale back on are their prices.

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DownTheStreet · 56-60, M

There's a lesson in all this. Most companies don't do things because they believe it's right, they do it to garner investor attention. CEOs of public companies are above all salespeople. They say what the market wants to hear, hoping pension fund invest, pushing the stock, and making the stockholders (and the CEO) wealthier. If you can't push the EPS up fast enough, you sell them on the future (the EPS multiple) and viola the executive gets wealthier.

Punches · 46-50, F

@DownTheStreet Target seems to chomp at the bit when it comes to saying what they think everyone wants to hear.