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Target CEO blames aggressive behavior, serious threats for pulling some Pride merchandise - TL;DR CNBC

Target CEO blames aggressive behavior, serious threats for pulling some Pride merchandise

Publishing timestamp: 2023-11-02 10:51:27


Summary

Target CEO Brian Cornell defends the decision to pull controversial merchandise from the retailer's Pride Collection due to aggressive behavior and safety threats faced by employees. The backlash coincided with laws restricting transgender rights. The financial impact has improved, but Target still faces challenges.


Sentiment: MIXED

Tickers: TGTBUD

Keywords: retail industrybecky quickbusiness newstarget corplgbtbusinessbreaking news: business

Source: https://www.cnbc.com/2023/11/02/target-ceo-brian-cornell-defends-pulling-some-lgbtq-merchandise.html


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