Walmart reveals plan to scale back some DEI initiatives
The retailer will no longer factor race and gender into supplier contract decisions.
27 November 2024
27 November 2024
The retailer will no longer factor race and gender into supplier contract decisions.
Retailers and consumers are urged to remain vigilant, with businesses encouraged to explore new solutions like parcel lockers to mitigate the rise in theft.
Violence towards retail workers range from weapon threats and physical attacks to verbal harassment.
Retailers expects the decline to continue at a faster pace of 29% in December.
The retailer’s net sales increased to $3.34bn over the quarter and comparable sales rose 4%.
Holdsport's revenue surpassed R3bn ($165.22m) for the year ending February 2024.
The company revised its full-year adjusted PBT guidance range slightly downwards to between £510m and £540m.
The company achieved a gross profit of $3.15bn in Q2 FY25, a 7.3% increase from $2.93bn in Q2 FY24.
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