Over the last year, Target has found itself at the center of intense backlash and boycotts due to a series of controversial business decisions that verge on the political. The fallout has taken a toll on the company's finances, leading to several slowdowns in sales.

The company, whose stock price is down more than 30% this year, has struggled in the wake of high-profile controversies and increased competition.

Companies like Target and General Mills are looking ahead to slower growth, Johnston said, driven by new tariffs and economic uncertainty, which could dampen consumer spending. At the same time, advances in artificial intelligence are reshaping corporate workforces, especially for entry and mid-level positions.

Target’s decision to spotlight RICE and reaffirm support for Black-owned business development is being read as both a reputational hedge and a cultural reset. It offers the company a way to demonstrate continued engagement with racial equity without reviving the formal DEI frameworks that drew political scrutiny.

The announcement has sparked an online debate about whether the lag is fair to employees. Experts weigh in on what is the best practice.

Target announces 1,800 corporate job cuts to streamline operations and address sales challenges ahead of a CEO transition

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