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☆ Best Buy expects tech demand to hit a low this year
▼ + stars: | 2023-08-29 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +2 min

New York CNN —Best Buy expects declining tech sales to hit a low this year before stabilizing, in another sign of consumer caution around discretionary spending and retail purchases. Best Buy expects tech spending to hit a low this year before stabilizing. Bruce Bennett/Getty ImagesFor fiscal year 2024, the company now expects revenue of $43.8 billion to $44.5 billion, instead of $43.8 billion to $45.2 billion as it said in previous guidance. It expects sales at stores, websites and call centers open at least 14 months, known as comparable sales, to decline 4.5% to 6% for the year. In the quarter, comparable sales fell 6.3% domestically, year-over-year.

Persons: ” Corie Barry, ”, Bruce Bennett, Barry, “, — CNN’s Nathaniel Meyersohn, Anna Bahney Organizations: New, New York CNN, Revenue Locations: New York

☆ Stores are leaving San Francisco. Ikea is opening this week
▼ + stars: | 2023-08-21 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

New York CNN —Ikea is opening a new store in downtown San Francisco Wednesday, bucking the trend of retailers closing in the city. Ikea is opening a new store this week in downtown San Francisco at 945 Market Street. While violent crime statistics in San Francisco have remained relatively low in recent years, property crimes have risen since 2020, according to San Francisco Police Department data. Activity this spring in downtown San Francisco, as measured by mobile phone use, was 68% below its pre-pandemic levels, the largest decline of any US city. In June, shopping mall operator Westfield announced it would give up control of its San Francisco mall, citing “challenging operating conditions in downtown San Francisco, which have led to declines in sales, occupancy and foot traffic.”A month earlier, Nordstrom, one of the biggest retailers in Westfield, said it would shutter both of its San Francisco stores.

Persons: San Francisco Mayor London Breed, Nordstrom, San Organizations: New, New York CNN, Ikea, Shoppers, IKEA, San Francisco Mayor London, San Francisco Police Department, Westfield Locations: New York, San Francisco, San, San Francisco’s Union, Westfield, Francisco

☆ Why you have to walk so far to your gate at the airport
▼ + stars: | 2023-08-19 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +5 min

Eduardo Munoz/ReutersTreks at the airport have been getting worse ever since security changes were implemented after the September 11, 2001, attacks. In Newark, Chicago and other cities’ airport terminals, moving walkways have been removed to make room for more shops and restaurants. Some new airport terminals have recently opened without moving walkways. The airport is now building a tunnel to shorten the walk from security to the concourse. So, are people missing flights now because they have to walk so far?

Persons: Chanel, Estée Lauder, Auntie Anne’s, Larry Summers, Eduardo Munoz, ”, Henry Harteveldt, Alexander Thome, Stefani Reynolds, ” Harteveldt, Wilson Rayfield, Gresham Smith, Patrick T, Fallon Organizations: New, New York CNN, Hudson News, Starbucks, Reuters, Atmosphere Research, Airports, Getty, Gresham, Dallas, Los Angeles International Airport, Harbor, Orlando International, International Airport Locations: New York, LaGuardia, Newark , Chicago, AFP, monorails, United States, Dallas Fort Worth, Salt Lake

☆ Walmart’s sales are surging
▼ + stars: | 2023-08-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: 1 min

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☆ Target's Pride Month collection backlash hurt sales
▼ + stars: | 2023-08-16 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

Backlash to Target’s Pride Month clothing collection — and the company’s response — also hit sales. More than half of Target (TGT)’s merchandise is discretionary – clothing, home decor, electronics, toys, party supplies and other non-essentials. Pride Month backlashTarget has also been embroiled in the political culture wars over gender and sexual orientation. Beginning in May, Target also faced a homophobic campaign that went viral on social media over its annual Pride Month clothing collection. Fueled by far-right personalities, the anti-LGBTQ campaign spread misleading information about the Pride Month products.

Persons: —, Target, “, ” Michael Baker, DA Davidson Organizations: New, New York CNN, Pride, Target, DA Locations: New York

☆ Home Depot sales drop as housing market cools
▼ + stars: | 2023-08-15 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: 1 min

☆ Biden's climate law has led to 86,000 new jobs and $132 billion in investments, new report says
▼ + stars: | 2023-08-14 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

More than 270 new clean energy projects have been announced since the passage of the Inflation Reduction Act (IRA), with private investments totaling $132 billion, according to the report. These investments are expected to be accompanied by more than 86,000 jobs, including 50,000 jobs related to electric vehicles. The Inflation Reduction Act “is not only working to strengthen supply chains but also to boost domestic manufacturing and create new jobs,” Bank of America said in the report. The nearly $370 billion clean energy and climate package, which passed on a party-line vote, was the largest climate investment in US history. The law is driving the most clean energy job growth in Georgia, South Carolina, Nevada and Tennessee.

Persons: it’s, Joe Biden, Biden, ” Organizations: New, New York CNN, of America, ” Bank of America, White, Bank of America, Washington Post Locations: New York, EVs, Georgia , South Carolina , Nevada, Tennessee, Wisconsin

☆ These environmental laws are making it harder to fight climate change
▼ + stars: | 2023-08-12 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

New Jersey has sued to block New York City's congestion price law using environmental review. The environmental review process has “metastasized well beyond what anyone intended it to be,” Dourado said. “To me, it’s clearly dysfunctional.”Reform effortsThe need to reform the environmental review process has become a bipartisan issue in recent years. Some environmental groups believe these reforms are needed to advance clean energy progress and other goals. While the Environmental Defense Fund supports the Biden administration’s reforms to NEPA, it’s against a draconian rollback of environmental review, he said.

Persons: Michael Nagle, ”, Howard Slatkin, Richard Nixon, Paul Sabin, ” Sabin, Eli Dourado, “, ” Dourado, Elgie Holstein, Bill Clinton, Barack Obama, Donald Trump’s, Joe Biden’s, ” Holstein Organizations: New, New York CNN, Environmental, Bloomberg, Getty Images, Federal, Administration, NEPA, Congress, Democrats, Citizens Housing, Planning, Reform, University of California, Magna Carta, Act, Yale University, “ Public, Big Government, Richard Nixon Presidential Library & Museum, Center for Growth, Utah State University, “, Environmental Defense Fund, Biden Locations: New York, Manhattan, New Jersey, York, Jersey, London, Stockholm, United States, New York City, Berkeley, Minneapolis

New York CNN —The catastrophic wildfires in Maui have destroyed homes, churches, businesses and key cultural sites on Hawaii’s second-largest island. Maui authorities have asked tourists to leave the island and strongly discouraged nonessential travel to Maui. That means $4 of every $5 the island generates comes directly or indirectly from tourism, according to the Maui Economic Development Board. In 2019, 3.1 million people visited Maui. But that figure plunged to 793,000 during the height of the pandemic in 2020, according to the Maui Economic Development Board.

Organizations: New, New York CNN, Hawaii Tourism, Maui Economic Development Board, Tourism, Hawaii . Local, Maui Economic Development, Hawaii Tourism Authority Locations: New York, Maui, United States, Japan, Canada, Oahu, Hawaii, Hawaii Tourism Authority, Hawaii ., Tourism, Lahaina

☆ Even 'Barbie' may not be able to rescue AMC Theaters' problems
▼ + stars: | 2023-08-09 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

That still may not be enough to save AMC Theaters, which has a looming bill it may not be able to pay back. AMC (AMC) also saw its highest quarterly attendance since 2019. The quarter did not include revenue from “Barbie” and “Oppenheimer” July releases, which AMC said lifted the company to its best month in its 103-year history. Still, the financial toll of the pandemic has been immense, and is still weighing down AMC and other movie theater chains. AMC took on a significant amount of debt to stay afloat during the pandemic when theaters closed and customers were at home watching Netflix.

Persons: New York CNN — Barbie, “ Barbie ”, “ Oppenheimer, ”, kindling, Adam Aron, Peacock, Max, Disney’s “ Indiana Jones, There’s, Alicia Reese Organizations: New, New York CNN, AMC, Netflix, Paramount, Comcast, CNN, Warner Bros ., Hollywood, Wedbush Securities Locations: New York, Hollywood, Disney’s

☆ New Jersey is the last state in America where drivers can't pump gas
▼ + stars: | 2023-08-09 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

New York CNN —New Jersey is now the only state in America where it’s illegal for drivers to pump their own gas. Oregon last week lifted its 72-year-old ban on self-service gas stations, allowing stations to operate half of their pumps as self-serve. Oregon’s move makes New Jersey the last state where drivers can’t touch the gas pump. Gas stations’ struggles to hire workers have led to renewed attempts by New Jersey gas station industry advocates to lift the ban. Gas stations’ struggles to hire workers have led to renewed attempts by New Jersey gas station industry advocates to lift the ban.

Persons: Tina Kotek, ”, Phil Murphy, Patrick Murray Organizations: New, New York CNN —, Democratic Gov, Gas, Jersey, ” New, ” New Jersey Gov, Monmouth University, Monmouth University Polling Locations: New York, New York CNN — New Jersey, America, Oregon, New Jersey, , New Jersey , Oregon, ”, ” New Jersey, Monmouth

☆ Cold drinks are hot at Starbucks. It's iced coffee season all year now
▼ + stars: | 2023-08-07 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

The increase has been fast: Just five years ago, coffee, teas, lemonades and other cold drinks made up less than half of Starbucks’ beverage sales. Justin Sullivan/Getty ImagesThis trend isn’t exclusive to Starbucks, as other coffee companies are catering to growing demand for cold drinks. Half of Gen Z consumers own a drip coffee brewer, compared to 60% of all coffee consumers, Mintel said. Younger consumers view cold coffee beverages as more refreshing, better tasting and more of a treat than hot coffee, the surveys show. Iced macchiato, iced specialty tea, iced espresso and iced americano have also ranked among the fastest-growing non-alcoholic drinks on menus tracked by Technomic.

Persons: Justin Sullivan, Keurig, Maxwell, Mintel, ”, Dorothy Calba, Lizzy Freier, Freier, “ Organizations: New, New York CNN, Starbucks, Euromonitor, americano, Technomic Locations: New York

☆ Why it's so hard to build homes in your neighborhood
▼ + stars: | 2023-08-05 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +12 min

Single-family homes in Arlington, Massachusetts. Around 75% of residential land in the United States is zoned for single-family homes only. This has had the effect of encouraging ever-larger single-family homes and limiting housing options, like smaller houses. “You can’t just do it all with zoning reform,” Walla Walla City Manager Elizabeth Chamberlain told CNN. The second wave of single-family zoning laws spread during the 1970s, historians say, and the policies became more restrictive.

Persons: Suzanne Kreiter, ”, Jenny Schuetz, “, —, Ben McCanna, Joe Biden’s, Richard Kahlenberg, Kathy Hochul’s, Elizabeth Chamberlain, “ It’s, Nancy Kaye, William Fischel, Fischel, Carlos Avila Gonzalez, Yonah Freemark, we’re, ” Freemark Organizations: New, New York CNN, Boston Globe, Brookings Metro, Republicans, Portland Press Herald, Getty Images, ”, CNN, Homes, “, Dartmouth University, Homeowners, San Francisco Chronicle, AP, Pew Charitable Locations: New York, Arlington , Massachusetts, United States, “, Maine, Getty Images Minneapolis, Arlington , Gainesville, Charlotte, Walla Walla , Washington, Oregon , California, Washington , Montana, Connecticut , Arizona, ” Walla Walla City, Cities, Louisville , Kentucky, Flushing , Queens, America, San Francisco, Los Angeles , New York City, Seattle, Chicago , Philadelphia, Portland, Washington, Walnut Creek , California, Minneapolis, Portland , New Rochelle , New York, , Virginia, Towns, Walla, Walla Walla

☆ Amazon Fresh grocery chain has struggled. See its stores of the future
▼ + stars: | 2023-08-03 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Amazon has faced challenges getting shoppers to buy groceries in its Amazon Fresh grocery stores and recently laid off workers — but it’s betting a new strategy and redesigned stores will be the answer to its struggles. An Amazon Fresh redesigned grocery store. Amazon has paused its Amazon Fresh store expansion plans. Meanwhile, Amazon Fresh grocery stores are targeted at lower- and middle-income customers and function as full-size grocery stores. Amazon had big plans to grow Amazon Fresh stores, but it has paused store expansion.

Persons: ” Neil Saunders, “, Andy Jassy, “ We’ve Organizations: New, New York CNN, Amazon, GlobalData, Amazon Fresh Locations: New York, Chicago, Boston, Denver, Austin, United States

☆ ‘Sound of Freedom’ is a box office hit. It has an unusual ticket strategy
▼ + stars: | 2023-07-25 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

More than 10 million tickets have been purchased through the app, called Pay It Forward. During the movie’s July 4 opening, “Sound of Freedom” scored $11.5 million from direct box office sales and $2.6 million, or over 20%, from Pay It Forward ticket sales. A spokesperson for Angel Studios told CNN that these posts could be tied to group ticket sales. For individual tickets, Angel Studios’ system creates a code that allows another person to redeem a free ticket directly from theaters. Angel Studios does not release what percentage of ticket sales come from customers buying other people tickets.

Persons: “ Barbie ”, “ Oppenheimer, ”, Jesus, Angel, Daniel Loria, Jim Caviezel, Donald Trump, Caviezel, Ted Cruz, Ted Cruz of, theatergoers, Loria, Adam Aron, “, Jeff Bock Organizations: New, New York CNN, “, Angel Studios, Angel, ”, Twitter, New York Times, AMC, AMC Theatres, CNN Locations: New York, American, Texas, Ted Cruz of Texas

☆ How market expectations have changed this year
▼ + stars: | 2023-07-24 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

As the economy and market continue to hum along, some investors’ expectations for what’s to come are shifting. Before the Bell: What were your market expectations at the start of this year, and how have they changed? Lori Van Dusen: When you look at what’s happened in the market on the surface, I think everybody knows it’s been a really good market, especially in the US, but it’s also been a very concentrated market around these seven stocks. And I think that’s why the market is broadening, and generally market participants are more constructive and taking their wins in technology and rotating. I think they’re fundamentally great companies, but I don’t think that their leadership will continue.

Persons: Tesla, ’, Bell, Lori Van Dusen, it’s, we’ve, I’ve, Don’t, don’t, you’re, You’ve, Nathaniel Meyersohn, CNN’s Caolán Magee Organizations: CNN Business, Bell, CNN, Dow Jones Industrial, Nasdaq, Nvidia, Apple, Microsoft, Fed, LVW Advisors, Economic, Institute, National Restaurant Association, Workers Locations: Las Vegas, States, Europe, Rome, Greece

☆ Public pools are disappearing across America
▼ + stars: | 2023-07-22 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +12 min

Yet just as public pools become more important than ever, they’re disappearing from sight. Today, the city has five public pools for a population of around 640,000, ranking 89 out of the largest 100 cities in swimming pools per person, according to Trust for Public Land, an advocacy organization for public parks and land. Private pools, like these in Southern California, have replaced public pools in recent decades. When America built poolsWhile public pools are a rarer sight today, governments built enormous pools during the twentieth century. Hannah Beier/ReutersBut the loss of public pools cannot be picked up fully by private pools or non-profit groups.

Persons: Gerome Sutton, ”, Sutton, ” Sutton, Matt Stone, won’t, Tammy Hawkins, We’ve, Andrew Kahrl, “ We’ve, ” Kahrl, Mario Tama, Jeff Wiltse, Robert Moses, ” Wiltse, Victoria Wolcott, Louis, Walcott, Whites, Martin Luther King Jr, ’, Funtown, suburbanites, John Cornell, Wolcott, Kahrl, Kevin Roth, It’s, Hannah Beier, LaShandra Logan, “, ” Logan Organizations: New, New York CNN, National Weather Service, YMCA, Public, Courier, USA, Aqua, Louisville, University of Virginia, National Recreation and Park Association, University of Montana, ”, Hulton, York, federal, Project Administration, San, University at Buffalo, ” Police, D.C, Kerner Commission, The Old, The Old Westbury Country Club, Newsday, Getty, Whites, Recreation and Park Association, Reuters Locations: New York, Louisville , Kentucky, Algonquin, Louisville, West Louisville, Cypress St, America, Southern California, America —, “, New York City, San Francisco, St, Louis, Baltimore, Washington, Los Angeles, Cincinnati, Augustine , Florida, White suburbs, The, The Old Westbury, Mississippi, Cleveland, California, Parks

☆ More states want to let kids work as bartenders
▼ + stars: | 2023-07-21 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

New York CNN —More states are letting teenagers serve alcohol at bars and restaurants, part of a growing rollback of child labor protection laws across the United States. The restaurant industry already has the highest number of child labor law violations, according to the Economic Policy Institute. Efforts to lower alcohol serving ages are part of a larger push to loosen child labor protections in states around the country. Federal laws providing minimum protections for child labor were enacted nearly a century ago. But in the past two years, at least 14 states have introduced or passed laws rolling back child labor protections, the Economic Policy Institute reports.

Persons: Alabama —, ”, Nina Mast, Cargill, Tyson, Joe Biden’s Organizations: New, New York CNN, Economic Policy Institute, National Restaurant Association, Bureau of Labor Statistics, Economic, Institute, “, US Department of Labor, Packers Sanitation Services, JBS, New York Times Locations: New York, United States, — Iowa, Michigan , Ohio , Kentucky, West Virginia, New Mexico, Alabama, Wisconsin, Idaho, Arkansas

☆ New Jersey sues over New York City’s congestion pricing plan
▼ + stars: | 2023-07-21 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —New Jersey is suing to stop New York City’s landmark congestion price plan to charge drivers entering downtown Manhattan. New Jersey filed a lawsuit in federal court Friday against the US Department of Transportation, which gave final approval for New York City’s plan. New York City’s plan could toll drivers entering Manhattan below 60th street up to $23 and is set to begin as soon as spring 2024. New York City’s congestion price plan, which would toll drivers electronically, aims to reduce the number of vehicles entering the congestion zone by at least 10% every day. While no other US city has implemented congestion pricing, Stockholm, London and Singapore have had it for years.

Persons: It’s, Kathy Hochul Organizations: New, New York CNN —, US Department of Transportation, Environmental, Department of Transportation, Downtown, Metropolitan Transportation Authority, MTA, ” New York Gov Locations: New York, New York CNN — New Jersey, Manhattan . New Jersey, Manhattan, United States, New Jersey, Jersey, “ New Jersey, Downtown Manhattan, United States . New York, New York City, Stockholm, London, Singapore

☆ Amazon will let you pay with a wave of your hand at all Whole Foods stores
▼ + stars: | 2023-07-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +1 min

New York CNN —Amazon will let customers at all of its Whole Foods stores pay with a simple wave of their hand. The company announced Thursday that it is bringing its Amazon One palm recognition system to all of its more than 500 Whole Foods stores by the end of the year. Amazon rolled out the technology in 2020, and it’s currently available at more than 200 Whole Foods stores. Whole Foods customers who choose to use Amazon One will no longer need their wallet or a phone to pay — they can simply hover their palm over an Amazon One device. Amazon says customer palm data is safeguarded in its Amazon Web Services cloud and it does not share palm data with third parties.

Organizations: New, New York CNN, Foods, Coors, Amazon, Services Locations: New York, Hudson, Colorado

☆ We can’t air-condition our way out of America’s heat crisis
▼ + stars: | 2023-07-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

New York CNN —Extreme heat in the summer has become America’s brutal new reality. It would also include building code changes that require multi-family homes provide cooling the same way they do heating. Heat waves and mirage create an impressionistic scene on Sierra Highway during a scorching day on Saturday, July 15, 2023. Cities are warmer than their surrounding areas, a phenomenon known as the urban heat island effect, and they need to be better designed to keep people cool, researchers say. They were designed 40 years ago when summer temperatures were much cooler,” Mark Wolfe said.

Persons: haven’t, ”, Mark Wolfe, hasn’t, ” Wolfe, Myung J, Chun, Rushad Nanavatty, National Weather Service hasn’t, Kelly Turner, “, Turner Organizations: New, New York CNN, National Energy Assistance, ’ Association, Southland, Los Angeles Times, RMI, Cool Coalition, United, US Department of Energy, Centers for Disease Control, Low Income, Energy Assistance, nonpayment, LIHEAP, CDC, National Weather Service, Solutions, UCLA, Environmental Protection Agency Locations: New York, Chicago, Los Angeles, United Nations, Washington, DC, Arizona, Maricopa, Yuma, York City, Miami, Dade County

☆ Amazon is inundated with shoppers desperately trying to cool off
▼ + stars: | 2023-07-19 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

On Amazon, sales of air conditioners increased 248% during the 30 days ending July 14, according to data from Jungle Scout, a data and analytics platform for Amazon sellers. Searches on Amazon for “single room AC units” and “portable misting fans” also spiked triple digits during the period, according to Jungle Scout. On Wednesday morning, a sun shade for car windshields was listed as the best-selling product on Amazon’s automotive page. In the Northeast, where the wildfire smoke was worst, air purifier sales jumped 119% in June. The cost of home energy bills this summer will increase by 11.7% to an average of $578, up from $517 last summer, according to the National Energy Assistance Directors Association.

Persons: ”, windshields Organizations: New, New York CNN, Scout, National Energy Assistance, Association, Louisiana — Locations: New York, United States, East Coast, Circana, Texas, Louisiana

☆ Target workers can now wear shorts
▼ + stars: | 2023-07-18 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +1 min

New York CNN —Target has changed its dress code to allow more of its approximately 440,000 US-based workers to wear shorts as extreme heat makes retail and other jobs harder. Previously, Target allowed employees who worked outdoors to wear shorts. The company recently changed its policy to allow the majority of store workers to wear shorts. (Target did not say which workers could not wear shorts.) Target’s uniform standards ask employees to wear solid color pants, capris, skirts or shorts in good condition.

Organizations: New, New York CNN —, Target, Safety, Health, Bureau of Labor Statistics Locations: New York, United States, Southwest, South, Texas, Arizona

☆ This year’s Amazon Prime Day was the biggest in company history
▼ + stars: | 2023-07-13 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +1 min

Consumers spent $12.7 billion across the web on July 11 and 12 during Amazon’s Prime Day sales, a 6.1% jump from a year ago, according to Adobe Analytics. Amazon said July 11 was the single largest sales day in the company’s history, but declined to provide totals. “Prime Day has become of one the biggest e-commerce moments of the year, as consumers latch onto major discounts from a number of different retailers,” said Vivek Pandya, lead analyst at Adobe Digital Insights. Amazon holds Prime Day in July every year to juice sales numbers during what are typically slow summer months. Since Prime Day began in 2015, other chains, like Walmart with its Walmart+ week and Best Buy with “Black Friday in July,” have also jumped in to capture shoppers’ spending during slow summer months.

Persons: ”, Vivek Pandya, Doug Anmuth Organizations: New, New York CNN, Amazon’s, Adobe Analytics, Walmart, Target, Amazon, Adobe, “, Adobe Digital Locations: New York

☆ Why Republican lawmakers are going after Target
▼ + stars: | 2023-07-13 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

In singling out Target, GOP lawmakers and right-wing social media personalities are sending a larger warning to corporate America to roll back recent diversity and inclusion policies, analysts say. Target first began its diversity initiatives 20 years ago and added new policies in 2020. Such efforts to curb gun violence have run into fierce pushback from Republican lawmakers who oppose both gun restrictions and corporations taking on social roles. Now, Republicans are stepping up their scrutiny on companies’ diversity efforts in the wake of the Supreme Court’s decision on affirmative action in college admissions. It is also likely to invite legal challenges to corporate DEI programs, as Cotton’s letter to Target foreshadows.

Persons: ”, Julian Zelizer, isn’t, ” Zelizer, Brandon Bell, Getty Images Arkansas Sen, Tom Cotton, Cotton, Andra Gillespie, “, He’s, Sen, Matt Walsh, George Floyd, “ It’s, Brian Cornell, Bud, They’ve, Chick, Bud Light, Ron DeSantis Organizations: New, New York CNN, Target, Princeton University, CNN, GOP, Walmart, Democratic, Getty Images Arkansas, Republican, Equity, Emory University, Republicans, Twitter, America Corporate America, ”, Disney, Nike, Companies, Florida Gov, America, Facebook, Corporate America, Dick’s Sporting Goods, Citigroup, Black, Fortune Locations: New York, America, Black, Cotton’s, Arkansas, Minneapolis, Emplifi, Parkland , Florida, El Paso , Texas, Dayton , Ohio

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