Today, March 6, a 40-day boycott of Target kicked off. This event was declared by majority-Black churches in protest of Target's cancelling of its DEI policies. Presumably, most participants will be Black, while at the same time, the average Target customer in Feb. 2023 was "a woman who is 39 years old, White, married, with a household income of $80,000."
What are your predictions of the boycott's impact on Target's quarterly profits? What, if any, social ramifications of the boycott do you anticipate?