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Black and Hispanic shoppers have been shifting their spending to Costco on March 5, while retailers like Target have dropped visits and in-store visits declined, according to a report by analyst firm Molecules. The Videothe report reports that this shift may be related to changes in DEI (diversity, equity and inclusion of retailers) strategies, which occupy the scope of these retailers. Target's DEI rolled back a few weeks after it. “The report notes. By contrast, Costco, which maintains its strong DEI stance, experienced nearly 5 million visits from nearly 5 million shoppers in the four weeks ended February 9. He explained. Meanwhile, Costco remains a firm commitment to inclusion, with CEO Ron Vachris stressing that the DEI program helps to boost profits. It's like the following: Just like loading… Discover more from Baller Alertsubscribe for the latest posts sent to your email.
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