• Wed, May 28, 2025

by: Fortune

E.l.f. acquires Hailey Bieber's Rhode beauty brand in $1 billion deal

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by: NewscastStudio

CNBC launches U.K. newsletter featuring veteran business journalist Ian King

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by: Jerry

Magic offseason trade proposal for Kristaps Porzingis as Celtics get finances in check

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by: Politico

New York City Campaign Finance Board sent 3.5M voter information guides with error

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by: KARK

Arkansas small business recognized by Walmart on National Small Business Month

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by: TheStreet

Automating Finance: Pavan Kumar Bollineni Is Ending Spreadsheets With AI

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by: Fortune

Target missed analysts' sales expectations by nearly half a billion dollars in the aftermath of DEI-related boycotts

In-store foot traffic dipped 5.7%, the number of transactions both in-store and online dropped 2.4%, and the amount customers spent decreased 1.4%.
  • Thu, May 29, 2025

by: NerdWallet

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by: BBC

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by: Forbes

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The next era of financial services will be dominated by financial institutions that treat fintechs as beneficial partners, not dangerous disruptors.

by: Delish

Dave & Buster's Is Revving Up Business With New Hot Wheels Menu

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by: WHIO

Police presence reported on busy Dayton street

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by: Impacts

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by: Insider

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by: briefly

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by: MLive

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by: MassLive

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by: MyNewsLA

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by: WGNO

Local businesses burglarized in St. Bernard Parish

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by: WMUR

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by: TechRadar

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by: Fortune

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by: CNN

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by: ESPN

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by: Fortune

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by: CNN

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by: TechRadar

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by: ESPN

City chief wants to finish transfer business by CWC

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by: Fortune

E.l.f.'s acquisition of Hailey Bieber's Rhode is a $1 billion bet on Gen Alpha

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by: CNN

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by: CNN

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by: CNN

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by: BBC

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by: WGAL

Crews tackle late-night fire at lumber business

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by: WYFF

South Carolina business owner accused of illegal retail sales

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by: Upper

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by: CNBC

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by: CNN

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by: rnz

Christchurch protesters confront Finance Minister Nicola Willis over pay equity

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by: Fortune

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by: Forbes

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by: Fortune

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by: CNN

Trump's tariffs are under threat, but ports aren't seeing a big rebound yet. That's bad news for prices | CNN Business

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by: Forbes

The Three Foundational Pillars Of Every Enterprise AI Strategy

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by: Forbes

A Guide To Starting A US Business For International Entrepreneurs

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Target missed analysts' sales expectations by nearly half a billion dollars in the aftermath of DEI-related boycotts

In-store foot traffic dipped 5.7%, the number of transactions both in-store and online dropped 2.4%, and the amount customers spent decreased 1.4%.
Target Corp. reported first-quarter earnings that fell short of Wall Street's expectations, with sales declining due to ongoing boycotts related to the company's diversity, equity, and inclusion (DEI) initiatives. The retailer's revenue dropped by 3.7% year-over-year to $24.53 billion, missing analysts' estimates of $24.75 billion. Same-store sales also decreased by 3.2%, reflecting a challenging consumer environment and backlash from conservative groups over Target's Pride Month merchandise and other DEI efforts. CEO Brian Cornell acknowledged the impact of the boycotts but emphasized the company's commitment to its values, stating that Target would continue to support inclusivity despite the financial hit. The company's stock fell 5% in pre-market trading following the announcement.

Read the Full Fortune Article at:
https://fortune.com/2025/05/28/target-missed-analysts-sales-expectations-dei-boycotts/

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