Friends Fiduciary is part of a group of 27 institutional investors who recently sent a letter to retailer Target, highlighting concerns that “a series of recent public-facing decisions and communications by the company may have introduced reputational, operational, and financial risks at a moment when Target is already navigating a challenging competitive and macroeconomic environment.”
The letter outlined specific risk factors as areas of concern and ended the letter with requested action items for the retailer’s Board and management to take under consideration. Read this article for more information.