The retailer joins a growing group of companies dropping commitments and policies on diversity and equity as President Trump fights the programs.
In remarks at the NRF’s annual “Big Show” conference Monday, Target Chief Operating Officer Rick Gomez said the company saw a sharp jump in sales on promotional days such as its Circle Week, an event in early October that coincided with Amazon Prime Day.
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above previous expectations that it would stay flat.
Cantor Fitzgerald analysts provided insights into mobility stocks with a focus on Tesla (NASDAQ:TSLA), as the electric vehicle giant gears up to release its earnings report later this week. For investors seeking deeper analysis,
Scotiabank (TSX:BNS) analyst Nat Schindler updated the price target for Amazon.com (NASDAQ:AMZN) to $306.00, a significant increase from the previous $246.00. Currently trading at $235.42, Amazon has demonstrated remarkable strength with a 50% return over the past year.
Tabitha Brown and other Black-owned brand owners with products in Target, Walmart, Amazon, and other major retailers are warning about the boycotting consequences after the companies announced that they were rolling back their DEI initiatives following President Donald Trump’s executive order on diversity,
Israel’s Cease-Fires in Lebanon and Gaza Appear Fragile Israeli forces killed at least 15 people and injured dozens more in southern Lebanon on Sunday, Lebanese officials said. In Gaza, Israel ...
Major U.S. companies, including Target, Meta, and Amazon, are scaling back DEI initiatives, citing the 2023 Supreme Court affirmative action ruling and pressure from conservative activists targeting diversity programs.