00:00It's Benzinga bringing Wall Street to Main Street.
00:02Target is scaling back its diversity, equity, and inclusion initiatives,
00:06raising questions about its philanthropic commitment in Minneapolis and beyond.
00:10Retailer announced last week that it would conclude previous DEI goals,
00:14stop reporting external diversity surveys, and reassess corporate partnerships.
00:19While Target stated these changes do not impact its foundation giving,
00:23non-profits have cut ties, citing concerns over the company's shifting priorities.
00:27Progressive activists are now calling for a boycott,
00:30with some Black-owned brands pulling their products from Target's shelves.
00:33For all things money, visit Benzinga.com slash GSTV.
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