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What the Target Boycott Says About the Power of Consumers

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Manage episode 485482362 series 2489871
Content provided by KQED. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by KQED or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Retailers are now facing a lot of headwinds, including tariffs and a drop in consumer confidence. But for Target, once affectionately known by customers as Tar-jay, a consumer boycott in response to the company’s decision to drop some DEI initiatives has been an added drag. In its most recent earnings call, the retailer reported a 3.8% drop in sales and lowered its earnings targets for the year. Consumers have long channeled their buying power to express political beliefs, whether it’s selling their Teslas, avoiding a certain retailer, or goods from a particular country. We look at the power of the consumer boycott, and why this one seems to be working.

Guests:

Amanda Mull, columnist, Bloomberg; Wrote the column “Buying Power” on American consumerism.

Alex Ossola, host/producer, Wall Street Journal; Ossola's most recent podcast is called "Boycotting Target".

Americus Reed II, professor of marketing, The Wharton School, University of Pennsylvania

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

2915 episodes

Artwork
iconShare
 
Manage episode 485482362 series 2489871
Content provided by KQED. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by KQED or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Retailers are now facing a lot of headwinds, including tariffs and a drop in consumer confidence. But for Target, once affectionately known by customers as Tar-jay, a consumer boycott in response to the company’s decision to drop some DEI initiatives has been an added drag. In its most recent earnings call, the retailer reported a 3.8% drop in sales and lowered its earnings targets for the year. Consumers have long channeled their buying power to express political beliefs, whether it’s selling their Teslas, avoiding a certain retailer, or goods from a particular country. We look at the power of the consumer boycott, and why this one seems to be working.

Guests:

Amanda Mull, columnist, Bloomberg; Wrote the column “Buying Power” on American consumerism.

Alex Ossola, host/producer, Wall Street Journal; Ossola's most recent podcast is called "Boycotting Target".

Americus Reed II, professor of marketing, The Wharton School, University of Pennsylvania

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

2915 episodes

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