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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
RetailFortune Global Forum

Target’s CEO says its mask-wearing requirement is about safety, not politics

Phil Wahba
By
Phil Wahba
Phil Wahba
Senior Writer
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Phil Wahba
By
Phil Wahba
Phil Wahba
Senior Writer
Down Arrow Button Icon
October 26, 2020, 6:41 PM ET
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During this worsening pandemic, few things have created more debate among a large swath of the population than requiring people to wear masks in indoor public places, including stores.

That controversy has placed many retailers in a tough spot, with store workers often confronted by angry consumers as they try to enforce mask use. Early in the pandemic, big chains were reticent to impose such rules; some were undoubtedly spooked by a big online campaign calling for a boycott of Costco for requiring masks. But ultimately they followed suit, as Target did in July.

It was no longer enough for the discount retailer to impose safety measures on its 300,000 store workers while merely asking, but not requiring, customers to comply, Target CEO Brian Cornell told the Fortune Global Forum on Monday.

“We recognized that we had to ask the guest to also participate,” said Cornell. And what if they don’t want to, asked Fortune’s Jen Wieczner? “We’re going to encourage that guest to use one of our other fulfillment options,” Cornell said.

Target gets about 30 million shopper visits a week. In its most recent quarter, Target’s comparable sales rose a record 24%, helped by the fulfillment options Cornell spoke of, which include curbside pickup of online orders and same-day delivery.

Cornell said his considerations here were solely practical.

“These are not political statements. They’re just the right thing to do,” said Cornell, who took the reins six years ago. The CEO added: “This is about the right safety messaging during a time where we’re still facing a pandemic and we have months ahead of us.”

Last week, Target announced it would set up a reservation system for days during the holiday season when shoppers might have to line up to avoid crowding.

The country’s race relations is another arena Target has had to deal with. In May, after George Floyd was killed by a policeman in Target’s hometown of Minneapolis, a Target store near the site of Floyd’s death was destroyed. The company ended up closing 200 of its 1,900 stores temporarily as a result of the ensuing nationwide unrest.

“Watching what happened to George Floyd, watching his murder, my first reaction was, that could have been one of my Target team members, it could have been one of our leaders,” said Cornell.

Target, which according to a Bloomberg report had only two Black executives out of 51 in June, last month pledged to make moves to increase racial equity in its ranks, including increasing the size of its Black workforce by 20% over the next three years and adding more Black vendors to Target’s rosters.

“At Target, we absolutely don’t tolerate racism,” Cornell told the Global Forum.

About the Author
Phil Wahba
By Phil WahbaSenior Writer
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Phil Wahba is a senior writer at Fortune primarily focused on leadership coverage, with a prior focus on retail.

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