• Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

News
Rev. Jamal Bryant at his megachurch in Atlanta. Getty

This Atlanta pastor is calling for another ‘full-on boycott’ of Target after DEI programs slashed — claims 1st one cost company $12B. And his church won’t return until demands are met

Rev. Jamal Bryant, pastor at one of the largest megachurches in Atlanta, is urging his congregants and like-minded Americans to continue their weeks’-long boycott of Target.

"Not since the Montgomery Bus Boycott has Black America come together in such a unified vision, a unified focus and a unified front," Bryant said.

Advertisement

Bryant kicked off the boycott — originally a 40-day shopping ‘fast’ — at the beginning of Lent, on March 5.

He launched the boycott to protest Target’s decision to roll back DEI initiatives, announced in January. Other faith leaders supported the effort and 20,000 people signed up.

At Easter, he told his congregants at New Birth Missionary Baptist Church that their boycott had cost Target $12 billion, and encouraged them to keep it up beyond Easter until the company restored its DEI efforts.

Now, as Fox 5 reports, he says it’s time for the fast to shift into a “full-on boycott.”

Here’s a look at how much the pastor’s initiative — and similar boycotts — are affecting Target’s bottom line and its DEI policies.

Megachurch pastor says Target must meet demands

Bryant has a significant profile as the head of a megachurch and a celebrity who once appeared on The Real Housewives of Potomac with his ex-wife Gizelle Bryant.

He has used his influence to issue demands that Target must comply with for the boycott to end. Bryant demands that Target:

Advertisement
  • Renew their commitment to invest $2 billion in Black-owned businesses by July 31
  • Restore internal DEI efforts
  • Deposit $250 million into Black-owned banks
  • Establish new partnerships with historically Black colleges and universities

According to the pastor, as of Easter, Target had only met one of these demands — committing to invest in Black-owned businesses. That’s why his megachurch continues to boycott the mega-retailer.

Bryant’s is not the only Target boycott going on. Minnesota activists launched a national boycott of Target on Feb. 1, the first day of Black History Month. The Latino Free Movement is also urging Latinos to stop shopping there.

The boycotts are changing consumer behavior in measurable ways.

The St. Louis American reports that data from two analytics firms — Placer.ai and Numerator — shows an overall decline in consumer support for Target, with Black and Hispanic households cutting their Target visits at the highest rate.

Advertisement

Target has lost $12.4-billion in revenue since the boycotts began and its stock has plunged by $27.27 per share. While markets have been volatile in the wake of tariffs, there is reason to believe the boycotts are having an impact.

Must Read

Join 250,000+ readers and get Moneywise’s best stories and exclusive interviews first — clear insights curated and delivered weekly. Subscribe now.

Will efforts to stop DEI rollbacks make a difference?

The boycotts may affect Target’s bottom line, but their impact on its DEI policy is uncertain.

The Arizona Republic recently published a list of 40 businesses cutting back diversity, equity, and inclusion programs — including Amazon, AT&T, Bank of America, Disney, Ford, Google and General Motors.

They have all faced protests and boycotts, including a 24-hour economic blackout on February 28 that urged people not to spend money at any organization that had dropped its DEI initiatives.

The challenge is that all these companies, including Target, also face headwinds from President Donald Trump, who signed executive orders banning DEI in federal agencies and among federal contractors.

They may fear retaliation from Trump — through lawsuits — and counter-protests from MAGA followers opting to shop at retailers from an anti-DEI shopping list.

With boycotts blowing both ways, businesses have been left in a no-win situation with a good portion of the country likely to be upset with any DEI policies they put in place.

You May Also Like

Share this:
Christy Bieber Freelance Writer

Christy Bieber has 15 years of experience as a personal finance and legal writer. She has written for many publications including Forbes, Kilplinger, CNN, WSJ, Credit Karma, Insurify and more.

more from Christy Bieber

Explore the latest

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither investment, tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities, enter into any loan, mortgage or insurance agreements or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.

†Terms and Conditions apply.