Inside the Target Boycott: Pastor Jamal Bryant Reveals the Strategy & Impact

15 Jul 2025 · 7 min

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Episode Title

Inside the Target Boycott: Pastor Jamal Bryant Reveals the Strategy & Impact

Episode Overview In this episode, host Rashad Bilal interviews Pastor Jamal Bryant, a prominent figure in business activism, discussing the strategic boycott of Target—identified as the largest Black-led boycott in 70 years. The conversation explores the motivations behind targeting Target, the demands placed upon the corporation, and the tangible impacts of the boycott.

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Key Points Discussed

Motivation for the Boycott

  • Background Context: 14 Fortune 500 companies withdrew from their pledges regarding Diversity, Equity, and Inclusion (DEI) initiatives following the inauguration of Donald Trump.
  • Focus on Target:
  • Target was chosen as the first focus of the boycott due to its significant ties to the Black community, with Black consumers spending approximately $12 million daily at Target.
  • After the death of George Floyd, the CEO of Target made a commitment to invest $2 billion in Black businesses, which was later abandoned.

Demands Made to Target

Pastor Bryant outlined four main demands of the boycott

  1. Investment in Black Banks: Allocate $250 million to support Black banks, facilitating access to capital for Black entrepreneurs.
  2. Partnership with HBCUs: Collaborate with six Historically Black Colleges and Universities (HBCUs) on business programs.
  3. Honoring George Floyd Commitment: Reinstate the $2 billion pledge to support Black businesses.
  4. Revising DEI Strategies: Create a clear pathway for Black individuals to ascend to executive roles, moving beyond superficial DEI initiatives.

Impact of the Boycott

  • Market Shifts:
  • Target's valuation has declined by $12 billion.
  • Stock prices fell from $145 to $93 per share.
  • Foot traffic at Target stores dropped by nearly 8%.
  • A significant reduction in the CEO's salary by 42%.
  • Principle of Cooperative Economics: Emphasis on the importance of economic unity and community support in effecting change in corporate practices.

Conclusion The episode underscores the power of community action in influencing corporate behavior and highlights the ongoing challenges regarding corporate accountability and the necessity for meaningful changes in business practices to support marginalized communities.

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Key Takeaways

  • Strategic Activism: The episode illustrates how strategic boycotts can effectively mobilize public sentiment and influence corporate policies.
  • Community Empowerment: Pastor Bryant emphasizes the need for Black communities to leverage their economic power to drive corporate accountability.
  • Dialogue on DEI: There is an ongoing conversation about the effectiveness of DEI initiatives and the necessity for companies to implement genuine changes.

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Related Topics

  • Diversity, Equity, and Inclusion (DEI)
  • Economic Empowerment
  • Cooperative Economics
  • Community Boycotts and Activism

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Sponsors Mentioned

  • PNC Bank: Promoting sound financial management.
  • Square: Offering tools for business management and operations.

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Additional Notes

  • This episode is a part of the Market Mondays series, highlighting critical economic discussions related to current events and activism.
  • Discussion is relevant for those interested in social justice, financial literacy, and corporate responsibility.

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Hashtags

  • #MarketMondays
  • #TargetBoycott
  • #JamalBryant
  • #DEI
  • #BlackBusiness
  • #HBCU
  • #GeorgeFloyd
  • #EconomicEmpowerment
  • #CooperativeEconomics
  • #BusinessActivism

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This summary encapsulates the insights and discussions from the episode, providing a comprehensive understanding of the strategic boycott of Target and its implications for corporate accountability towards the Black community.

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Transcript

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3:21So Pastor Jamal Bryant, you know, obviously a giant in the world of, you know, theology, but this is a business conversation and you've done something interesting. You've played a major part in the boycott of targets. I want to talk about a few different things, but we got to start there. Right. So for our audience and people that may not be all the way tapped in with everything that's been going on. Can you talk about why Target was selected? The demands that you guys have for Target, where the boycott stands now? Give us the whole rundown. Yeah. So first of all, thank you, family, for giving me an opportunity.

4:08There were 14 Fortune 500 companies that walked away from DEI after the inauguration of Donald John Trump and we decided that we would follow the African proverb, the best way to eat an elephant is one piece at a time. So we focused on Target first, not last, not only first. And we want to tell you all why. Number one, ashamedly and embarrassingly black people spend 12 million dollars a day in target number two without there being any protest without there being any demonstration after the killing of george floyd the president and ceo of target they are headquartered in minneapolis same place where george floyd was killed came out and had a press conference and said watch the language family george floyd could have been one of my employees not colleagues not staff one of my employees so they made a commitment of two billion dollars that they were going to invest in black business they uh after the inauguration walked away from it so we asked for four things the first if black people are spending 12 million dollars a day in target invest a quarter of a billion into black banks so black people can have access to capital to start businesses and to buy homes number two there are 27 targets on college campuses none of them are on hbcus so we asked them to partner with six hbcus and told them to pick whatever six hbcus they wanted for their business programs um so that they could scale so that they could franchise and so they could roll out i'm embarrassed that this is the largest boycott for black people in 70 years since the montgomery bus boycott and his was crazy we didn't have a black owned franchise to redirect people to.

6:18We have five and people to go to Costco as if that's given back to us. Number four, three was that they would honor the George Floyd commitment of$2 billion. And number four, we gave them a blank check and said, you all rewrite DEI. You don't have to be called that doesn't have to be named that, but show us a pathway where black people can make it to the C suites and not just work in the way warehouse. And so that's where it is. We're 18 weeks later. And I am so appreciative to your audience to help make this happen. The valuation of Target has dropped by 12 billion. The stock has dropped from$145 a share to$93 a share.

7:02Foot traffic is down by 7.9%. And four weeks ago, they slashed the CEO's salary by 42%. And all of it is thanks to us taking the Kwanzaa principle of cooperative economics. An illegal alien from Guatemala charged with raping a child in Massachusetts. An MS-13 gang member from El Salvador accused of murdering a Texas man. A Venezuelan charged with filming and selling child pornography in Michigan. These are just sum of the heinous migrant criminals caught because of President Donald J. Trump's leadership. I'm Kristi Noem, the United States Secretary of Homeland Security. Under President Trump, attempted illegal border crossings are at the lowest levels ever recorded, and over 100 ,000 illegal aliens have been arrested.

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9:05I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a. neurolinguistic programming. Is it a self-help miracle? A shady hypnosis scam? Or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. You know Roald Dahl. He thought up Willy Wonka and the BFG. But did you know he was a spy? In the new podcast, The Secret World of Roald Dahl, I'll tell you that story and much, much more. What? You probably won't believe it either.

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From the publisher

In this insightful Market Mondays clip, host Rashad Bilal sits down with Pastor Jamal Bryant, a renowned leader in theology who’s made major waves in business activism. Pastor Bryant breaks down the reasoning and strategies behind the massive boycott of Target—a movement that’s become the largest Black-led boycott in 70 years.


Discover why Target became the focal point after 14 Fortune 500 companies backed away from their DEI (Diversity, Equity, and Inclusion) commitments following Donald Trump’s inauguration. Pastor Bryant reveals staggering stats, such as Black consumers spending $12 million a day at Target, and how the company’s $2 billion pledge to support Black businesses was abandoned. He details the four clear demands made to Target, from investing in Black banks, partnering with HBCUs, fulfilling their George Floyd commitment, to rewriting their DEI blueprint to offer real pathways to executive leadership for Black professionals.


Learn how these efforts have already created real market shifts: Target’s valuation dropped by $12 billion, its stock fell from $145 to $93, foot traffic is down by nearly 8%, and the CEO's salary was slashed by 42%. Pastor Bryant illustrates the power of cooperative economics and the need for creating and redirecting financial influence within the Black community.


Whether you’re interested in social activism, business strategy, or the intersection of community power and corporate accountability, you don’t want to miss this clip!


*Hashtags:*

#MarketMondays #TargetBoycott #JamalBryant #DEI #BlackBusiness #HBCU #GeorgeFloyd #EconomicEmpowerment #CooperativeEconomics #BusinessActivism #MarketMondaysClip


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Tune in, learn the facts, and discover how strategic activism is driving real change on today’s Market Mondays.



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