Target’s CEO is stepping down as sales continue to plunge

The ADD

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I’m not ignoring it. I’ve said multiple times that’s part of the issue. I’m just not short sighted enough to think that people not returning as shoppers because of the policy shift has no impact. I guess Forbes writing stories on this was them being wrong too.
You ignore 4 years of failure and decline and try to ascribe it to an issue in the last 6 months.
This is a bigger deal than a boycott, which is why they let the CEO his contract wasn't renewed in March I believe.
 
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Target is expensive, they gotta drop prices.

This is the main reason…. Consumer spending habits changed en masse about 10 years ago, and Target didn’t adjust… I’ve always told people that Target is a pig wearing makeup….thats why people think it’s better than Wal Mart… but Wal Mart knows it’s a pig and doesn’t try to be anything else….. I was on some fukk Target steeze in the very beginning of their popularity
 

Rekkapryde

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I’m not 100% sold on the DEI shyt even being the full reason.
He's the fall guy. They agreed to the DEI shyt even though, as others said, they've been declining for a minute now.

People ain't leaving Walmart (not really a choice in many areas), but they'll leave Target.
 

David_TheMan

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I’m not ignoring it. I’ve said multiple times that’s part of the issue. I’m just not short sighted enough to think that people not returning as shoppers because of the policy shift has no impact. I guess Forbes writing stories on this was them being wrong too.
short sighted is ignoring year long trends to focus on a few months. Right.
Looking at long term failure and decline isn't short sighted its longterm big picture thinking.

I think the boycott is a little blip on a long decline, so I don't see it as critical.
 

DeuceZ

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Companies spent a decade saying diversity was ultimately good for the bottom line...then shyt on diversity and (coupled with tariffs from a candidate they supported) wonder why their bottom line is suffering :dahell:
 

MoshpitMazi

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No it was a good strategic idea from a business standpoint. They took a gamble that repercussions from a hostile federal administration would be worse for a company that engages in a lot of interstate commerce, than a temporary loss of sales from the liberal contingent.

We have seen what Trump has done to those universities and the law firms. And arguably he could strangle the entire companny, if Target decided to spearhead a resistance.


As we speak Costco is engaged in costly litigation in 19 states for doing exactly that. And the federal DOJ is looking for anything to trip them up also.
You crackers are fukking retarded, theyre losing money en masse in an unforced error. How was it a good strategic idea?


Dumb muhfukkas are ruining this country bro.
 

The ADD

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short sighted is ignoring year long trends to focus on a few months. Right.
Looking at long term failure and decline isn't short sighted its longterm big picture thinking.

I think the boycott is a little blip on a long decline, so I don't see it as critical.
Well now you are being disingenuous and moving the goal posts. It went from no sustained impact to not critical

We can agree to disagree and KIM
 

Adeptus Astartes

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Target isn't a black issue.
Why do you look at it as such?
Target thought it was a Black issue. From cancelling contracts with Black vendors in it's anti DEI push, to trying to consult with Al Sharpton to bring back lost Black customers.
 

David_TheMan

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Well now you are being disingenuous and moving the goal posts. It went from no sustained impact to not critical

We can agree to disagree and KIM
Not disingenous at all. Haven't moved the goal post at all.
No sustained impact is non critical.

That said no problem, agree to disagree.
 

bnew

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Nope. Never that.

That's the ol' blame the black guy tactic. Aka hot potato. Target has already been failing. They are going to continue to fail, and being as they're at a low they'll hire a black CEO, then as it continues to fail say "see! That's why you don't have a black ceo!"

Same thing when cities start to fall then all of a sudden you get a black mayor...and it continues to fall and it's "that's what you get when you have a black mayor"

Or police departments and fire departments fail, get sued, have recruitment issues, then they hire a black chief, and settle the suits, still have issues with recruitment and it's "the black chief is doing a terrible job!"

They won't remember who was there when the walls started crumbling but they'll know who was there when they fell.
Happens in football.

Black coach gets the job and he drags the team from trash to decent.....but they don't invest in a top QB or real elite offensive talent.

Get the team to competitive status and then hire a young white OC and give him all the tools he wants.


it's called the glass cliff.


The glass cliff is a hypothesized phenomenon in which women are more likely to break the "glass ceiling" (i.e. achieve leadership roles in business and government) during periods of crisis or downturn when the risk of failure is highest.<a href="Glass cliff - Wikipedia"><span>[</span>1<span>]</span></a><a href="Glass cliff - Wikipedia"><span>[</span>2<span>]</span></a> Other research has expanded the definition of the glass cliff phenomenon to include racial and ethnic minority groups.<a href="Glass cliff - Wikipedia"><span>[</span>3<span>]</span></a>

Origins​


The term was coined in 2005 by British professors Michelle K. Ryan and Alexander Haslam of University of Exeter, United Kingdom. In a study, Ryan and Haslam examined the performance of FTSE 100 companies before and after the appointment of new board members, and found that companies that appointed women to their boards were likelier than others to have experienced consistently bad performance in the preceding five months.<a href="Glass cliff - Wikipedia"><span>[</span>4<span>]</span></a> This work eventually developed into the identification of a phenomenon known as the glass cliff – analogous to the concept of a glass ceiling, but implying the inability to perceive the dangers of the cliff's transparent edge rather than the false promise of elevated organizational positions which can be "seen" through a ceiling of glass but which are actually unattainable. Since the term originated, its use has expanded beyond the corporate world to also encompass politics and other domains.



Glass cliff for racial and ethnic minority leaders​


The glass cliff concept has also been used to describe employment discrimination experienced by leaders who are members of minorities or disabled.<a href="Glass cliff - Wikipedia"><span>[</span>3<span>]</span></a>

Research analyzing the head coaches of NCAA sports teams found that men of racial and ethnic minority groups were promoted to higher leadership positions in times of crisis. Within historically Black colleges and universities, minority leaders were more often appointed than white leaders under all circumstances, but in other universities, minority leaders were appointed to leadership positions primarily in times of crisis. These leaders are also likely to suffer from high visibility, scrutiny and performance pressures that their white counterparts do not receive. The study also found evidence for the savior effect, the idea that organizations will look for "saviors", usually white, when minority leaders are unable to deliver high-quality performance results in times of crisis.<a href="Glass cliff - Wikipedia"><span>[</span>3<span>]</span></a>



President Barack Obama taking the oath of office in January 2009

Outside of the NCAA, this has occurred in the political sphere. Often times, the 2008 election of Barack Obama, the first Black president of the United States of America, during the 2008 financial crisis is viewed as evidence of the glass cliff phenomenon for racial and ethnic minority groups.<a href="Glass cliff - Wikipedia"><span>[</span>24<span>]</span></a>

In British politics, research has indicated that the Conservative Party sent Black and minority ethnic candidates to contest parliamentary seats that are harder to win than other candidates, indicating similar findings other research on the political glass cliff for women candidates. This phenomenon is specific, however, to the Conservative Party, which has traditionally promoted anti-immigration sentiments that may contribute to this.<a href="Glass cliff - Wikipedia"><span>[</span>12<span>]</span></a> The rise of Rishi Sunak as the United Kingdom's first prime minister of South Asian heritage, following scandals that brought down two prime ministers within a year, was described as an example of the glass cliff effect.<a href="Glass cliff - Wikipedia"><span>[</span>25<span>]</span></a>

Minority women face a duplicated glass cliff, being affected by both their gender and race.<a href="Glass cliff - Wikipedia"><span>[</span>26<span>]</span></a> Black women are often given unsustainable amounts of work in higher positions, creating barriers in their careers. It has additionally been argued Black women may be promoted to leadership positions due to outdated stereotypes related to masculine traits Black women are perceived to have.<a href="Glass cliff - Wikipedia"><span>[</span>27<span>]</span></a> In addition to struggles related to leadership, Black women are also likely to face an added weight of microaggressions and increased questioning of qualifications.<a href="Glass cliff - Wikipedia"><span>[</span>28<span>]</span></a>
 

MushroomX

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Target was in trouble pre-DEI, but the DEI was the backbreaker. People expected Target to be mature adults, and have a left-leaning view. By rolling back the DEI, that sent a signal that Target was willing to bend the knee to a Authoritarian instead of being defiant.

It's why COSTCO is making a ton of money now.

Optics matter, and even if Target did re-enable DEI, the genie is out of the bottle.
 
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