Why Walmart is the latest major retailer to roll back its DEI initiatives

A close-up view of a Walmart shopping cart in an empty store
The rollback comes a few years after major retailers invested heavily in DEI. Bigstock
Last week, Walmart made waves as the US-based global big-box chain announced that it would be rolling back several diversity, equity and inclusion (DEI) programs. The company confirmed that it will not renew its five-year commitment to create a racial equity center, ended its supplier diversity goals and has concluded its participation in the Human Rights Campaign’s Corporate Equality Index.  In a publicly released email, Walmart stated, “We’ve been on a journey and know we aren’t perfe

This content is for IR Pro subscribers only.

Subscribe now to unlock an all-access pass.

IR Pro - monthly

$1 for the first 30 days. (Auto renews at $20 per month.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now
Retailer’s choice

IR Pro - annual

$199 per year. (Auto renews annually.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now