Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Lithium Americas and GM Advance Thacker Pass with...
Gold Price Closes in on US$3,900 as US...
Altech Batteries LtdCommences Selling Sodium Nickel Chloride Batteries
Mustang Energy and Skyharbour Resources Stake an Additional...
Apex Announces Update on Financing
Syntheia Closes Call Center Guys Acquisition
Gold’s Meteoric Rise: Can the Price Break US$4,000...
COB: Repayment of Promissory Note
Lo Herma Resource Drilling Timing Confirmed
Ben & Jerry’s co-founder resigns, claiming parent company...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Business

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

by admin November 27, 2024
November 27, 2024
Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities.

The nation’s largest employer, which has about 1.6 million U.S. workers, joined a growing list of companies that have stepped back from diversity, equity and inclusion efforts after feeling the heat from conservative activists.

Some have also attributed changes to the U.S. Supreme Court’s decision last year that struck down affirmative action programs at colleges.

Those companies include Tractor Supply, which said in June it was eliminating DEI roles and stopping sponsorship of Pride festivals. Lowe’s, Ford and Molson Coors have also walked back some of their equity and inclusion policies in recent months.

Others, such as Anheuser-Busch-owned Bud Light and Target, have faced sharp backlash and falling sales after marketing campaigns or merchandise focused on the LGBTQ community.

In a statement, Walmart said it is “willing to change alongside our associates and customers who represent all of America.”

“We’ve been on a journey and know we aren’t perfect, but every decision comes from a place of wanting to foster a sense of belonging, to open doors to opportunities for all our associates, customers and suppliers and to be a Walmart for everyone,” the statement said.

Walmart’s DEI changes were first reported by Bloomberg News.

Among the changes, Walmart will no longer allow third-party sellers to sell some LGBTQ-themed items on Walmart’s website, including items marketed to transgender youth like chest binders, company spokeswoman Molly Blakeman said.

She said it also recently decided to stop sharing data with the Human Rights Campaign, a nonprofit that tracks companies’ LGBTQ policies, or with other similar organizations.

Additionally, the big-box retailer is winding down the Center for Racial Equity, a nonprofit that Walmart started in 2020 after George Floyd’s murder sparked protests across the country. At the time, Walmart and the company’s foundation pledged $100 million over five years to fight systemic racism and create the center.

Over the past year, the company has phased out supplier diversity programs, which gave preferential financing to some groups, such as women and minorities, after the Supreme Court decision striking down affirmative action.

It’s also moved away from using the term “diversity, equity and inclusion” or DEI in company documents, employee titles and employee resource groups. For example, its former chief diversity officer role is now called the chief belonging officer.

Yet, Walmart will continue to award grants, disaster relief, and funding to events like Pride parades, but with more guidelines of how funding can be used, Blakeman said.

Some recent changes came on the heels of pressure from conservative activist Robby Starbuck, who threatened a consumer boycott of Walmart. Starbuck, a vocal DEI-opponent who had also put heat on Tractor Supply, touted Walmart’s changes in a post on X, describing them as “the biggest win yet for our movement to end wokeness in corporate America.”

Walmart had conversations with Starbuck over the last week and already had some DEI-related changes underway, Blakeman said.

Walmart’s DEI changes were first reported by Bloomberg News.

This post appeared first on NBC NEWS

previous post
Rua Gold Completes the Acquisition of Siren Gold’s Reefton Assets and Becomes the Dominant Reefton Goldfield Explorer
next post
Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand

You may also like

Boeing’s new outsider CEO Ortberg takes the helm,...

August 10, 2024

ESPN networks, ABC and Disney channels go dark...

September 4, 2024

Former Ozy Media head sentenced to nearly 10...

December 17, 2024

Amazon’s Nova AI agent launch puts it up...

April 1, 2025

Procter & Gamble to cut 7,000 jobs as...

June 15, 2025

Nvidia CEO Jensen Huang says tariff impact won’t...

March 20, 2025

TNT’s ‘Inside the NBA’ headed for ESPN and...

November 19, 2024

In a reversal, Disney’s media assets are starting...

August 9, 2024

Microsoft laying off about 9,000 employees in latest...

July 4, 2025

Elon Musk and investors offering $97.4 billion for...

February 12, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Lithium Americas and GM Advance Thacker Pass with Landmark Federal Funding

      October 2, 2025
    • Gold Price Closes in on US$3,900 as US Government Shuts Down

      October 2, 2025
    • Altech Batteries LtdCommences Selling Sodium Nickel Chloride Batteries

      October 2, 2025
    • Mustang Energy and Skyharbour Resources Stake an Additional Claim on its 914W Uranium Project

      October 2, 2025
    • Apex Announces Update on Financing

      October 2, 2025
    Promotion Image

    banner ads

    Categories

    • Business (879)
    • Economy (829)
    • Investing (2,940)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 smarttradeinsights.com | All Rights Reserved