Target shares drop after Halloween costume backlash…
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Target shares drop after Halloween costume backlash
*Target opens new tab shares slid as much as 5% after the retailer apologized for and pulled a Halloween costume criticized for evoking Blackface, renewing concerns about brand missteps just as its financial turnaround effort had begun to bear fruit.*
*In an internal email viewed by Reuters, Chief Merchandising Officer Cara Sylvester echoed Target's public apology on Monday, telling employees the item "never should have been in our assortment" and that the company would "learn from this and do better."*
#business
*Target opens new tab shares slid as much as 5% after the retailer apologized for and pulled a Halloween costume criticized for evoking Blackface, renewing concerns about brand missteps just as its financial turnaround effort had begun to bear fruit.*
*In an internal email viewed by Reuters, Chief Merchandising Officer Cara Sylvester echoed Target's public apology on Monday, telling employees the item "never should have been in our assortment" and that the company would "learn from this and do better."*
#business
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