Target was sued thursday by florida and america first legal for allegedly concealing the financial risks of its diversity, equity and inclusion (dei) programs and its 2023 pride month merchandise. Target is facing the harsh reality that actions have consequences after ending their dei initiatives. The retailer is currently being sued for allegedly hiding the risks of ending the companys. Target continues to face mounting financial and reputational fallout after reversing course on diversity, equity, and inclusion (dei) initiatives. The retail giant has lost more than $12. 4 billion in revenue, seen its stock plunge by $27. 27 per share, and is grappling with multiple lawsuits linked to its shifting dei policies.
Newsweek has contacted target for comment via. New york (ap) the daughters of one of the cofounders of target are expressing their alarm and shock at the discounters recent moves to roll back its diversity, equity and inclusion initiatives that have come under attack from conservative activists and of last month, the white house.
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