initiatives

Target becomes latest company to backtrack on DEI initiatives By Reuters

By Siddharth Cavale (Reuters) – Target (NYSE:) is ending its diversity, equity and inclusion program this year, the retailer said on Friday, the latest U.S. corporation to step away from such policies in the face of severe scrutiny from conservative groups. Over the last year, several major companies, including Walmart…

Costco’s defense of its DEI initiatives is less surprising than it might seem

Costco appears to be bucking the anti-DEI wave with its defense of its diversity initiatives.Data published last year suggests shareholders largely support diversity efforts.Costco’s move challenges the perceived popularity of anti-DEI proposals.Costco’s board didn’t mince words when it came to supporting the company’s stance on diversity, equity, and inclusion —…