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Target CEO Rakes In $20.4M as Boycott Deepens and Black Leaders Demand Accountability

BLACKPRESSUSA NEWSWIRE — The company has faced mounting pressure following its decision to walk back significant diversity, equity, and inclusion (DEI) commitments, especially its highly publicized $2 billion pledge in 2021 to support Black-owned businesses

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By Stacy M. Brown
BlackPressUSA.com Senior National Correspondent

As Target Corporation grapples with a sweeping boycott led by grassroots activists and civil rights groups, the company’s chair and CEO, Brian Cornell, walked away with a pay package worth $20.4 million last year. That total marked a 6.3 percent increase over the previous year, primarily driven by $16.1 million in stock awards, alongside a $1.4 million salary and $2.3 million in bonuses and incentives. The company has faced mounting pressure following its decision to walk back significant diversity, equity, and inclusion (DEI) commitments, especially its highly publicized $2 billion pledge in 2021 to support Black-owned businesses, improve the Black consumer experience, and invest in its Black workforce. The backlash has only intensified since February 1, when Rev. Jamal Bryant and a coalition of grassroots organizations announced a national boycott against the retail giant. That same day marked the beginning of Black History Month and the launch of a public education and selective buying campaign spearheaded by the Black Press of America. The movement has gained momentum nationwide, especially in the Twin Cities, just miles from where George Floyd was murdered in 2020. “This movement started here, in the Twin Cities,” said civil rights attorney Nekima Levy Armstrong during an appearance on the Black Press of America’s Let It Be Known news show. “We launched the boycott after Target rolled back its DEI programs, just days after Donald Trump returned to power and began his renewed assault on diversity.”

Levy Armstrong said Target’s decision to bypass local activists in favor of meeting with Rev. Al Sharpton, who has openly acknowledged that he wasn’t involved in the boycott, further insulted them. “They said it with their chest, and now they want to quietly walk it back? Not on our watch,” Levy Armstrong declared. “Instead of engaging with the organizers who live and work three miles from George Floyd Square, Target reached out to someone who admitted he wasn’t even participating.” Target’s executive vice president and chief community and stakeholder engagement officer, Kiera Fernandez, reportedly took part in meetings about the boycott, but multiple requests for comment and engagement from the Black Press of America and community leaders have gone unanswered. “They made a Hail Mary pass,” said Monique Cullars-Doty, co-founder of Black Lives Matter Minnesota. “They were hoping Sharpton would catch it and run it into the end zone for them. But we’re the ones who’ve been doing the work, and they know it. That’s why this boycott was always meant to be indefinite—not 40 days, not a fast, but until Target makes good on its promises and accounts for its role in fueling systemic harm.”

Meanwhile, Target’s financial woes have worsened. Wall Street analysts have noted that the company’s stock price has dropped 22.2 percent in the past month, hitting a 52-week low. Despite those challenges, Target has remained quiet on its political contributions, including a $1 million donation to Donald Trump’s re-election campaign last year—the first time the company had ever given to a presidential candidate. This week, Cornell reportedly warned Trump that his tariff and trade policies could disrupt supply chains, raise prices, and create shortages across store shelves. Yet Cornell also praised his company’s performance in Target’s most recent annual report. “We entered 2024 with a commitment to stay nimble and generate profitable growth, and even in a challenging retail environment, our team delivered,” Cornell told employees. “By controlling what we can control, listening closely to consumers, and staying focused on what differentiates Target.” Jaylani Hussein, executive director of CAIR-Minnesota, said the company’s response proves otherwise. “We’ve been ignored,” Hussein said. “They’re still playing politics while losing Black consumers every day.”

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IN MEMORIAM: Rest in Power — Minnesota Loses a True Warrior in Yusef Mgeni

MINNESOTA SPOKESMAN RECORDER — Yusef Mgeni, a brilliant historian, community organizer, former St. Paul educator and fierce advocate for Black people, died on April 7, 2026, leaving behind a legacy that will echo through generations of Black Minnesota history and community building.

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By MSR News Online

Minnesota and the world lost a powerful voice and a true warrior on April 7, 2026. Yusef Mgeni is gone, but his legacy will echo for generations.

Yusef was a brilliant historian, a community organizer, a former St. Paul educator, and a fierce advocate for Black people. He carried with him an extraordinary archive of speeches, books, articles, and photographs documenting the work of countless Black scholars and leaders. His knowledge was not just deep. It was generational. Talk to him about any subject concerning Black history, and he would give you a dissertation.

His roots in this community ran deeper than most people knew. Yusef was the grandnephew of Fredrick McGhee, the pioneering 20th-century civil rights activist and attorney who made his mark in St. Paul at the turn of the century. That lineage was not lost on Yusef. He carried it forward with pride and purpose, spending decades making sure the stories of Black Minnesotans were told, preserved, and passed on.

As a journalist, Yusef called NAACP leaders and community figures to identify the issues that mattered most to Black people and wrote about them in local newspapers. He was a contributor to the Minnesota Spokesman-Recorder, a platform he understood and respected deeply. As a former St. Paul NAACP vice president, he remained active and engaged well into his retirement, answering emails and voicemails for residents who were at their wits’ end, helping them navigate evictions, legal challenges, and systemic barriers.

“Generally, they contact us when they are at their wits’ end,” he once said. “They are going to get evicted; their car is getting repossessed. We assist in navigating the system.”

His work was always about access. Under his leadership and alongside other NAACP leaders, the St. Paul chapter helped establish a landmark covenant between the police and the St. Paul community in 2001, a model that contributed to dramatically lower excessive-force costs than in Minneapolis in the decade that followed.

Yusef was also a passionate champion of ethnic studies in Minnesota’s schools, understanding that education rooted in Black and Brown history was not a supplement to American history but central to it.

“Ethnic studies is also American history,” he said. “The fact that the legislature and the MDE have both endorsed ethnic studies requirements in schools is a real plus for giving people the opportunity to explore and learn more about American history, and more importantly, to see themselves reflected in that learning.”

In the 1970s and ’80s, Yusef worked alongside Mrs. Clarissa Walker at the Sabathani Community Center, where they poured their energy into uplifting and empowering the community. Their work helped shape the cultural and political landscape of South Minneapolis during a critical era. They were part of a generation that built institutions, nurtured young people, and fought for justice with unwavering commitment.

Yusef also played a key role in the early development of KMOJ Radio, helping to establish a platform that amplified Black voices long before it was common or convenient. His activism extended through education, the St. Paul NAACP, the Million Man March, and the Urban Coalition, always rooted in a deep and abiding love for his people.

He was also an interviewee in the Rondo neighborhood oral history project preserved by the Minnesota Historical Society, ensuring that the voices and stories of that community would never be lost.

Not long ago, a colleague was blessed to sit with Yusef at his home, where he reflected on his life and his legacy. He talked about his work in education, his activism, and his years of service to the community. But what stood out just as much was how he spoke about his family and his people, with warmth, with pride, and with purpose.

Today, we honor him not only for what he accomplished but for the spirit with which he did it.

A scholar. A builder. A warrior. A keeper of our stories.

Thank you, Yusef, for everything you gave and everything you sacrificed on behalf of Black people. Your legacy stands tall, and our community is better because of you.

Rest in Power, Yusef Mgeni.

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Revolve Fund to Provide $20,000 to Support Food Access Efforts in Alabama Black Belt

THE AFRO — “Revolve Fund complements its core mission of improving capital access for entrepreneurs by partnering with leading organizations that are addressing critical community needs,” said James Wahls, founder and managing director of Revolve Fund. “Like BBCF, Revolve understands at the most fundamental level, everyone should have access to healthy food.” 

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By Revolve Fund | The AFRO

SELMA – As over 40 million Americans grappled with the reality of not being able to feed themselves or their families due to SNAP delays, Revolve Fund is seeking to help. Revolve Fund has announced a $20,000 community grant to the Black Belt Community Foundation as part of the duo’s continued partnership. The grant will increase the foundation’s capacity to execute programs and fundraise to support food access efforts in the Alabama Black Belt region.

“Revolve Fund complements its core mission of improving capital access for entrepreneurs by partnering with leading organizations that are addressing critical community needs,” said James Wahls, founder and managing director of Revolve Fund. “Like BBCF, Revolve understands at the most fundamental level, everyone should have access to healthy food.”

“BBCF is deeply grateful for the Revolve Fund’s grant to underwrite direct food support in the Black Belt during the current disruption of SNAP benefits, continuing high food costs and unprecedented strain on our local food banks,” said Christopher Spencer, president and CEO, Black Belt Community Foundation. “As BBCF mobilizes resources and community partners during this time, Revolve is one of the first philanthropic organizations to step forward to support our Food for Families in the Black Belt Campaign. We look ahead to our productive, continued partnership with them to positively impact and transform the Black Belt region of Alabama.”

“While our communities need and deserve so much more, we hope our contribution will support the foundation’s ability to work with other philanthropic partners, individual donors, charities, and public partners,” Wahls added.

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Mamdani Plans City Grocery Store in East Harlem 

NEW YORK CARIB NEWS — The store will be located at La Marqueta, a historic marketplace beneath the elevated Park Avenue tracks. The project is expected to cost approximately $30 million and is slated to open next year, utilizing currently vacant space within the city-owned facility. Operating rent-free, officials say the model is intended to lower overhead and pass savings on to consumers.

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New York Carib News

New York City Mayor Zohran Mamdani has announced plans to establish the city’s first municipally owned grocery store in East Harlem, a flagship initiative aimed at addressing rising food costs and improving access to affordable essentials.

The store will be located at La Marqueta, a historic marketplace beneath the elevated Park Avenue tracks. The project is expected to cost approximately $30 million and is slated to open next year, utilizing currently vacant space within the city-owned facility. Operating rent-free, officials say the model is intended to lower overhead and pass savings on to consumers.

Mamdani unveiled the plan during an event marking his first 100 days in office, reaffirming a campaign pledge to build a network of five city-owned grocery stores, one in each borough, by the end of his first term in 2029.

“During our campaign, we promised New Yorkers that we would create a network of five city-owned grocery stores,” Mamdani said. “Today, we make good on that promise.”

The mayor positioned the initiative as a direct response to surging grocery prices, noting that food costs in New York City rose by nearly 66% between 2013 and 2023, significantly outpacing the national average. He argued that the city-run stores would provide fair pricing, improve worker conditions, and ease the financial burden on low-income households.

“We’re going to make it easier for New Yorkers to put food on the table,” Mamdani said, adding that staples such as eggs and bread would be more affordable.

However, the proposal is already drawing scrutiny. The estimated cost of the East Harlem store would consume nearly half of the $70 million budget initially outlined for the entire five-store program. Despite this, Mamdani remains confident that the initiative will deliver long-term benefits and help reshape access to affordable groceries across the city.

The announcement also drew political attention, with U.S. Senator Bernie Sanders making a surprise appearance at the event in support of the mayor’s broader economic agenda.

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