Then the pandemic brought new problems, even though at first it brought enormous growth—revenue rose nearly 20% in 2020. But keeping up with that demand overwhelmed the company. Target lost sight of what set it apart from the likes of Walmart, Ulta Beauty, and Amazon. It didn’t help that Target later backed away from years of pledged support for diversity and inclusion efforts that aimed for higher representation of minority groups in the company and among suppliers, and then clumsily flip-flopped on its showcasing of merchandise tied to events like LGBTQ Pride month under pressure from right-wing activists, angering consumers across the political spectrum.
Фото: Andrey Titov / Business Online / Globallookpress.com
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