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.
All but a few of the nearly 400 books that the U.S. Naval Academy removed from its library because they dealt with anti-racism and gender issues are back on the shelves.
Fast forward to today, and it appears Volkswagen is the latest company to buckle. According to a new report from Handelsblatt, the automaker is “adjusting its corporate diversity strategy and will no longer include its US subsidiaries in future calculations” for diversity metrics.
Despite boycott threats from conservatives, Costco reported that net sales for April were up 7% from last year.
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A bill to ban diversity, equity and inclusion in Louisiana state government has stirred a fierce, racially charged debate.
House Bill 685 would prohibit diversity, equity and inclusion offices, training and hiring policies in state agencies and public colleges.
Many companies are looking to reframe or at the very least redefine what DEI means today, but going too far can come with consequences.