Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping to fuel the retailer’s growth. For more than two years, the discounter has noticed more customers with six-figure incomes shopping on its website and in its stores. Households earning more than $100,000 […]
As more retailers like Walmart and Target drop DEI initiatives, companies’ efforts to find and fund Black-owned brands are also at risk. Gutting those efforts could jeopardize a valuable pathway for Black founders to build their businesses and reach the millions of shoppers who browse retailers’ websites and aisles. Yet companies including Sephora and Costco […]
