00:00It's Benzinga bringing Wall Street to Main Street.
00:02Walmart is stepping back from its diversity, equity, and inclusion initiatives, easing the
00:06use of race and gender to evaluate supplier contracts and halting demographic data collection
00:12for financing assessments. The retailer will no longer refer to DEI in communications,
00:17limit racial equity training, and reassess its support for LGBTQ events.
00:22The changes were announced after anti-DEI activist Robbie Starbuck claimed that he
00:27threatened Walmart with a boycott campaign ahead of Black Friday.
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