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Stock impact report

Target rolled back DEI efforts. A boycott ensued – and traffic dropped [CNN]

Deere & Company (DE) 
Last deere & company earnings: 2/21 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.deere.com/home/default.aspx
Company Research Source: CNN
“They hear me. The cash register hears me,” Bryant told CNN. “Power concedes nothing without a demand.” The pressure is particularly acute at companies like Target, that had previously championed diversity in hiring and in sourcing their products. Already, Bryant said, Target has ceded to one demand. After meeting with Target CEO Brian Cornell on Thursday, Bryant announced Sunday that Target agreed to honor its pledge to spend $2 billion with Black-owned businesses — a commitment initially made in 2021 But that's not enough. Bryant called for the boycott to continue and hopes Cornell will attend a town hall on Tuesday to address community concerns. Target did not respond to CNN's latest request for comment. The stakes are high for Target: Black Americans are expected to have a buying power of $2 trillion by 2026, up from $1.7 trillion in 2024, according to a report from The Nielsen Company. “We saw (Target) as a friend. They championed diversity,” Bryant told CNN. “So, we w Show less Read more
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