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.

  • Sir_Kevin@lemmy.dbzer0.com
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    16 hours ago

    I’ll use it eventually when I’m mentally prepared for the disappointment that comes with shopping at that place.

    • mysticpickle@lemmy.ca
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      4 hours ago

      Just use it asap. There’s a reason companies love people buying gift cards. They’re basically interest free loans until people spend them and like 5% are either lost, forgotten about, or never spent at all which translates into free money for them.