Target Reels from Boycotts, Employee Revolt, and Massive Losses as Activists Plot Next Moves
Gilroy, CA, USA – July, 16 2008: Target Store at dusk. Target, an American big box retailer, is the anchor tenant for this new shopping center.
BLACKPRESSUSA NEWSWIRE โ Target is spiraling as consumer boycotts intensify, workers push to unionize, and the company faces mounting financial losses following its rollback of diversity, equity, and inclusion (DEI) initiatives.
By Stacy M. Brown, BlackPressUSA.com Senior National Correspondent
Target is spiraling as consumer boycotts intensify, workers push to unionize, and the company faces mounting financial losses following its rollback of diversity, equity, and inclusion (DEI) initiatives. With foot traffic plummeting, stock prices at a five-year low, and employee discontent boiling over, national civil rights leaders and grassroots organizers are vowing to escalate pressure in the weeks ahead. Led by Georgia pastor Rev. Jamal Bryant, a 40-day โTargetfastโ aligned with the Lenten season continues to gain traction. โThis is about holding companies accountable for abandoning progress,โ Bryant said, as the campaign encourages consumers to shop elsewhere. Groups like the NAACP, the National Newspaper Publishers Association, and The Peopleโs Union USA are amplifying the effort, organizing mass boycotts and strategic buying initiatives to target what they call corporate surrender to bigotry.
Meanwhile, Targetโs workforce is in an open revolt. On Reddit, self-identified employees described mass resignations, frustration with meager pay raises, and growing calls to unionize. โWeโve had six people give their two-week notices,โ one worker wrote. โA rogue team member gathered us in the back room and started talking about forming a union.โ Others echoed the sentiment, with users posting messages like, โWeโve been talking about forming a union at my store too,โ and โGood on them for trying to organizeโit needs to happen.โ Targetโs problems arenโt just anecdotal. The numbers reflect a company in crisis. The retail giant has logged 10 straight weeks of falling in-store traffic. In February, foot traffic dropped 9% year-over-year, including a 9.5% plunge on February 28 during the 24-hour โeconomic blackoutโ boycott organized by The Peopleโs Union USA. March saw a 6.5% decline compared to the previous year. Operating income fell 21% in the most recent quarter, and the companyโs stock (TGT) opened at just $94 on April 14, down from $142 in January before the DEI cuts and subsequent backlash. The economic backlash is growing louder online, too.
โWe are still boycotting Target due to them bending to bigotry by eroding their DEI programs,โ posted the activist group We Are Somebody on April 14. โTarget stock has gone down, and their projections remain flat. DEI was good for business. Do the right thing.โ Former congresswoman Nina Turner, a senior fellow at The New Schoolโs Institute on Race, Power and Political Economy, wrote, โBoycotts are effective. Boycotts must have a demand. We will continue to boycott until our demands are met.โ More action is on the horizon. Another Target boycott is scheduled for June 3โ9, part of a broader campaign targeting corporations that have abandoned DEI initiatives under pressure from right-wing politics and recent executive orders by President Donald Trump. The Peopleโs Union USA, which led the February 28 boycott, has already launched similar weeklong actions against Walmart and announced upcoming boycotts of Amazon (May 6โ12), Walmart again (May 20โ26), and McDonaldโs (June 24โ30). The organizationโs founder, John Schwarz, said the goal is nothing short of shifting the economic power balance.
โWe are going to remind them who has the power,โ Schwarz said. โFor one day, we turn it off. For one day, we shut it down. For one day, we remind them that this country does not belong to the elite, it belongs to the people.โ As for Target, its top executives continue to downplay the damage. During a recent earnings call, Chief Financial Officer Jim Lee described the outlook for 2025 as uncertain, citing the โrippleโ effects of tariffs and a wide range of possible outcomes. โWeโre going to be focusing on controlling what we can control,โ Lee said. But discontent is spreading internally. A Reddit post from a worker claimed, โThe HR rep is doing his best to stop the bleeding, but all he did was put a Bluey band-aid on what is essentially a severed limb.โ
Several employees criticized the companyโs internal rewards system, โBullseye Bucks,โ for offering what amounts to play money. โCanโt pay rent or buy food with Bullseye Bucks,โ one wrote. Others urged their colleagues to join unionizing efforts. โImagine how much Target would lose their mind if they were under a union contract,โ one team leader wrote. โIt needs to happen at this point.โ One former manager said they left the company after an insulting raise. โQuit last year when they gave me a 28-cent raise. Best decision Iโve ever made.โ From store floors to boardrooms, the pressure is growing on Target. And as calls for justice, equity, and worker rights get louder, one worker put it plainly: โWeโre all screwedโunless we fight back.โ
