Brian Cornell to be replaced next year as retailer navigates boycott over its scaling back of DEI initiatives
The CEO of Target is stepping down, as the embattled retail giant seeks to turn around its fortunes amid an ongoing customer boycott over its scaling back of diversity, equity and inclusion (DEI) initiatives.
Brian Cornell will be replaced next year by Michael Fiddelke, Target’s chief operating officer, the company said on Wednesday.
I mean, I’m sure that played a role. Myself though, I’m just priced out. Target is price slightly above Walmart but with marginal quality improvement. At this point in the game, I’m either dirt cheap or serious investment and I just can’t be in-between.
Target used to have everything, was well staffed, and fewer incidents with the trash since they would primarily shop at Walmart. The prices were higher but not by much.
Now the prices are much higher, the inventory is sparse, it’s poorly staffed, it’s like stepping into a Dollar Store.
Reminder that there’s also a Walmart boycott due to their Trump-induced DEI rollbacks and their CEO attending Trump’s inauguration!