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In reply to the discussion: Target has lost 15.7 Billion in market value since tanking their D.E.I. [View all]dflprincess
(28,840 posts)11. Target co-founder's daughters decry rollback of diversity initiatives amidst political pressure
https://www.kare11.com/article/news/local/daughters-of-target-cofounder-raise-concern-over-pullback-on-dei/89-d69bf0e5-3de4-4e23-b395-85d3c4cb59f8?fbclid=IwY2xjawIc7MNleHRuA2FlbQIxMQABHQmBfYbl1a_7EaQlwpocFjV6ev83icC6hBZqfWDy3aLSNPVOxtSxxDoVKQ_aem_7fDkjYJHTR0ScA-f8p4GbA
NEW YORK — 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 under attack from conservative activists and of last month, the White House.
In letters to the editor published Thursday in The Financial Times and the Los Angeles Times, Anne and Lucy Dayton said their father, Bruce Dayton, along with his four other brothers, expanded the Minneapolis department store into a massive brand that became Target that was built on two principles: a focus on the customer and the well-being of the community.
Bruce Dayton died in 2015 at 97.
“We are alarmed how quickly the business community has given in to the current administration’s retaliatory threats," the daughters wrote. “It is not ‘illegal’ for a company to create a business model based on what it believes to be important ethical and business standards.”
They added that, “By cowering, Target and others are undermining the very principles that have made their companies a success.”
Target couldn’t be immediately reached for comment.
Side note, Bruce Dayton was also Mark Dayton's father; Anne and Lucy are his sisters.
NEW YORK — 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 under attack from conservative activists and of last month, the White House.
In letters to the editor published Thursday in The Financial Times and the Los Angeles Times, Anne and Lucy Dayton said their father, Bruce Dayton, along with his four other brothers, expanded the Minneapolis department store into a massive brand that became Target that was built on two principles: a focus on the customer and the well-being of the community.
Bruce Dayton died in 2015 at 97.
“We are alarmed how quickly the business community has given in to the current administration’s retaliatory threats," the daughters wrote. “It is not ‘illegal’ for a company to create a business model based on what it believes to be important ethical and business standards.”
They added that, “By cowering, Target and others are undermining the very principles that have made their companies a success.”
Target couldn’t be immediately reached for comment.
Side note, Bruce Dayton was also Mark Dayton's father; Anne and Lucy are his sisters.
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Target has lost 15.7 Billion in market value since tanking their D.E.I. [View all]
applegrove
Feb 2025
OP
Good. I don't shop much and never Target. I gotta let go of Amazon, it's not really all that inexpensive
Deuxcents
Feb 2025
#1
Haven't shopped st Target since I heard they dropped DEI and did not shop at Amazon at all this Christmas
kimbutgar
Feb 2025
#4
I don't even comparison shop Target because I won't buy anything there now no matter the price.
BadgerMom
Feb 2025
#9
I don't have that choice and find Target the least offensive compared to
sinkingfeeling
Feb 2025
#20
Target co-founder's daughters decry rollback of diversity initiatives amidst political pressure
dflprincess
Feb 2025
#11
Yes. The 28th is against corporations. Don't go shopping. If you need something
applegrove
Feb 2025
#19
Misleading, the stock crashed on bad earnings projections, and was before (and unrelated to) DEI program cuts
Amishman
Feb 2025
#40
The pathetic thing, they could have branded themselves as the anti and classier Walmart b
Dem4life1234
Feb 2025
#41