Target stores have had a bad few years, with business slowing and boycotts against them for bending the knee to Donald Trump’s anti-DEI agenda. BOSSIP has been reporting extensively on their slow and painful deminse since last year when Pastor Jamal Bryant’s call to action grew legs and the company’s financial reports started to reflect the damage.
Well, Target isn’t dead yet, but it appears to be suffering “death by a thousand cuts”.
According to Yahoo! Finance, the bullseye on Target’s proverbial back has left the company so maligned that for the first time in 24 years, it is no longer on the Forbes list of “most admired companies”. Things done changed for the Minneapolis-based big box store since its entrance on the list back in 2002. To provide some perspective, in 2025, Target ranked #27 on the list. Now, just one year later, they aren’t even in the top 50. Things done changed. 3000 industry professionals, from analysts to executives, are polled to create this list and they don’t seem to think very much of the big red machine. Things done changed.
On top of all the issues that Target was already having, the climate in Minneapolis is extremely hostile to the fact that their local corporate behemoth is radio silent about the violence and injustices that ICE is carrying out in their town, especially after federal agents went into a store and arrested two Hispanic employees right on the floor.
Target’s new CEO, Michael Fiddelke, officially takes the reins of the company this Saturday, and he will have to address a lot of issues at once. According to Business Insider, last week, hundreds of employees signed a petition to have ICE banned from all locations. Employees are dissatisfied and that ain’t good for business.
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