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 don’t view sales going to walmart as a win. dollar general, walmart, and kroger are all festering wounds in our communities. however, i do think target losing business to walmart specifically speaks to something: people were going to target because they felt the value proposition was “less evil that wally world” but now it’s “walmart with higher prices for no real reason”.
i think the real question is if local businesses are getting more of our dollars thanks to these actions