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The daughters of one of the cofounders of Target are expressing their alarm and shock at the discounter's recent moves to roll back its diversity, equity and inclusion initiatives that have come ...
Target has been sued for allegedly concealing the risks of its diversity and social initiatives, leading to a backlash that caused customers to flee and the stock price of the Minneapolis-based ...
Target is ending its diversity, equity and inclusion program this year, the retailer said on Friday, the latest U.S. corporation to step away from such policies in the face of severe scrutiny from ...
Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. [3] The company is one of the largest American-owned private employers in the United ...
In 2022, Target announced [12] that their board of directors had eliminated the company’s mandatory retirement policy that would have forced the CEO to retire at age 65. In 2023, Cornell's total compensation at Target was $18.1 million, or 719 times the median employee pay at Target for that year. [ 13 ]
Target's original bullseye logo, used from 1962 until 1968 [1]. The history of Target Corporation first began in 1902 by George Dayton.The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910.
Target’s response frustrated some supporters of gay and transgender rights, who said the company caved to bigoted pressure. Target’s quarterly sales fell for the first time in six years ...
Steinhafel received a severance package of $61 million and agreed to "remain employed by Target in an advisory capacity to assist with the transition through no later than August 23, 2014." [10] Steinhafel is a Director, Member of Nominating and Governance Committee and Member of Compensation & Human Resources Committee for The Toro Company.