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Walmart’s recent decision to scale back its Diversity, Equity, and Inclusion (DEI) initiatives has set off a national debate. With moves like ending race-based supplier preferences and shutting down its $100M racial equity center, this retail giant is making waves in corporate America.
Supporters applaud the decision as a return to fiscal responsibility, while critics see it as a step backward for inclusivity.
What does this mean for Walmart’s future—and for corporate America as a whole?
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Know what you own, and know why you own it.
-Peter Lynch