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Boycotts

Target is maintaining 2024 prices on back-to-school items in the aftermath of boycotts

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Target is offering a basket of “must-have” back-to-school items for less than $20, as it promises to maintain 2024 prices on products such as crayons, notebooks, and folders despite economic uncertainty surrounding tariffs. Target has tapped the promotional strategy frequently in recent years, cutting or maintaining prices on important seasonal categories such as toys or Thanksgiving meal supplies, while also … Read more

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

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Target’s had a…we have to say it…target on its back since it rolled back its DEI initiatives, triggering a social media boycott and 11 straight weeks of declining foot traffic as of April 22. And now the company has missed the earnings bull’s-eye. On Wednesday, Target announced on an earnings call that it earned $23.85 billion in revenue, missing … Read more

Target was banking on Easter to help boost sluggish sales. But then came the church-initiated boycotts of the retailer

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During a quarterly earnings call on March 4, Target reported that quarterly net sales declined 3.1%, while in February, when only the first three days were included in the quarter, CEO Brian Cornell stated that there was a “sales decline,” without being specific. Then Target executives all but led a singalong of “Peter Cottontail” on the call, … Read more

Trump tariffs will lead to US brand boycotts, Jim Beam owner warns

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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Japanese owner of Jim Beam and Maker’s Mark bourbon whiskies expects that some global consumers will boycott its American brands as part of a backlash to Donald Trump’s protectionist trade policies. Takeshi … Read more

Boycotts Over Meta’s Controversial Policy Changes Haven’t Moved the Needle

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Meta’s recent right-wing tilt prompted plenty of people to declare they were ditching the company’s apps, but according to a new report, the Mark Zuckerberg-led company is still doing just fine. Citing data from Apptopia and other analytics firms, Business Insider reports that engagement on Meta’s core apps is “similar now to what it was … Read more

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