Close Menu
    What's Hot

    4 stocks to watch on Monday: NVDA, PANW, MSTR, and UPS

    August 24, 2026

    Fanta Is Building Its Own Halloween Universe After Teaming With Chucky

    August 24, 2026

    $1.5B ETF Inflows and Institutional Backing

    August 24, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Money»Target Cofounder’s Daughters ‘Alarmed’ at DEI Rollback
    Money

    Target Cofounder’s Daughters ‘Alarmed’ at DEI Rollback

    Press RoomBy Press RoomFebruary 13, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • The daughters of one of Target’s cofounders say they are “alarmed” at the company’s DEI rollback.
    • In letters to the Financial Times and LA Times, they said their father believed in clear principles.
    • Target is one of several companies scaling back diversity efforts amid wider political pressures against DEI.

    The daughters of one of Target’s cofounders say they are “shocked and dismayed” at the company’s recent DEI rollback.

    In letters to the editor published in the Financial Times and the LA Times, Anne and Lucy Dayton said their father, Bruce Dayton, believed in clear principles of happy customers and strong communities.

    “We are alarmed how quickly the business community has given in to the current administration’s retaliatory threats,” they 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.”

    Bruce Dayton was one of five brothers who grew their father’s Minneapolis department store into a national brand, as well as the B. Dalton chain of bookstores. The cofounder died in 2015 at the age of 97.

    Neither the sisters nor Target immediately responded to requests for comment from Business Insider.

    Target is one of several companies scaling back diversity efforts amid wider political scrutiny of DEI programs following the reelection of President Donald Trump.

    CEO Brian Cornell said in 2023 that DEI was “the right thing for society, and it’s the great thing for our brand.”

    Days later, the company began pulling LGBTQ+ pride merchandise after conservative activists mounted a campaign against the celebration.

    More recently, a proposed class-action shareholder lawsuit was filed by the City of Riviera Beach Police Pension Fund against Target alleging the company had made “false and misleading” statements about its DEI strategy’s impact on its financial results.

    While some companies have announced their moves more publicly, others have been comparatively discreet about removing references to DEI from their official communications.

    Some companies, including Deloitte and Google, have said that as federal contractors, they are required to follow Trump’s recent executive order to end DEI programs at federal agencies more closely.

    “By cowering, Target and others are undermining the very principles that have made their companies a success,” the Dayton sisters said.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    Fanta Is Building Its Own Halloween Universe After Teaming With Chucky

    August 24, 2026

    KPMG Australia’s Troubles Deepen As It Cuts 5% of Its Workforce

    August 24, 2026

    The Best Reinvention Consultants Can Make in the AI Era Is to Their Pricing Model

    August 24, 2026
    Leave A Reply Cancel Reply

    LATEST NEWS

    4 stocks to watch on Monday: NVDA, PANW, MSTR, and UPS

    August 24, 2026

    Fanta Is Building Its Own Halloween Universe After Teaming With Chucky

    August 24, 2026

    $1.5B ETF Inflows and Institutional Backing

    August 24, 2026

    Nvidia likely to exceed guidance again, only limited by supply: Wedbush (NVDA:NASDAQ)

    August 24, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • August 2026
    • July 2026
    • June 2026
    • May 2026
    • April 2026
    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.