Walmart Stands Firm on Pride Month Offerings Amidst Backlash, Despite Peer Target Backing Down

Walmart Inc WMT said the retailer remained dedicated to retaining its Pride Month Offerings despite the backlash, an executive of the retail giant said.
The statement comes after Target Corp’s TGT decision to remove some products from its Pride Collection after facing customer backlash.
Target took some items from its collection for Pride Month honoring gay, lesbian, bisexual and transgender people off the shelf in June, reported Bloomberg.
Target said it was afraid for the safety of its employees’ following threats from some customers.
“We have merchandise that we sell all year that supports different groups,” said Chief Merchandising Officer of Walmart, Latriece Watkins.
“In this particular case, we haven’t changed anything in our assortment.”
Price Target: WMT shares are trading lower by 0.33% at $146.39 in premarket on the last check Thursday.
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