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U.S. retailer Target's decision to remove some LGBTQ-themed merchandise after customer backlash in its stores highlights the problem with companies' "rainbow capitalism," said Erik Carnell, a ...
Target will not sell its Pride Month collection in all stores this June after last year's backlash over LGBTQ+ themed merchandise harmed sales.
A Target worker was asked to swap out price tags, showing a 50% increase, which he did, but he also took a photo and shared it to Reddit for all to see.
Worried about alienating customers after conservative boycotts slashed sales, some mainstream brands are scaling back Pride merch and promotions.
Conservative hostility over Target's Pride merchandise took a material hit to the company's sales, indicating a broader trend in backlash against companies for supporting the LGBTQ+ community.
Target CEO Brian Cornell met with prominent civil rights leader Rev. Al Sharpton as the retailer grapples with fallout from cutbacks to its diversity initiatives.
Rainbow capitalism involves companies selling LGBTQ-branded merchandise under the guise of support for the community, but with the true motivation of financial gain.
According to data from the analytics firm Placer.ai, foot traffic at Target stores has declined for 10 consecutive weeks.
Target CEO’s Massive Pay Cut Revealed Amid DEI Backlash And Trump’s Tariffs Cornell only earned $9.9 million in 2024 -- a 45% drop from 2023 and the lowest since 2016.
An NFL analyst has exposed a significant issue with this potential Cleveland Browns quarterback target.