Target, DEI and sales
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Despite boycott threats from conservatives, Costco reported that net sales for April were up 7% from last year.
Target has made operational mistakes and faced backlash over its rollback of DEI initiatives, leading shoppers to choose rivals like Costco and Walmart.
The political pressure on American businesses to roll back DEI programs continues unabated but around the world DEI is thriving.
Despite boycott threats from conservatives, Costco reported that net sales for April were up 7% from last year.
Something of a DEI Folk hero, the Costco board in December rejected measures to limit DEI initiatives. “Our commitment to an enterprise rooted in respect and inclusion is appropriate and ...
Target, for example, has been struggling since rolling back its DEI initiatives in January ... declining foot traffic in its stores, noting: “Costco, which unlike Target defied calls from ...
Levi Strauss (NYSE:LEVI) shareholders overwhelmingly rejected a proposal to end the company's DEI initiatives, according to a recent filing. The vote comes as major U.S. firms scale back diversity programs amid political pressure,