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Target Pulls Controversial Costume
- Target pulled the Kids’ Glows Under Blacklight Circus Clown costume after social-media backlash over racist minstrel imagery.
- Boycott organizer Jaylani Hussein said the incident will boost the boycott.
- Target’s stock fell to $163.47 on Aug. 25, down 3.78%.
- Activists claim the boycott erased over $20 billion in market value, a 33% share-price drop.
- CEO Michael Fiddelke’s turnaround plan adds $2 billion investments by 2026 and over 30 new stores.
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