Similarly, McDonald’s inched forward with a 2% gain, as reported by Fortune.
However, companies that have stuck to DEI initiatives have seen foot traffic significantly improve in recent times.
Costco has resisted Trump’s order to dump DEI policies, and its foot traffic rose over 5%, which marked its 13th straight week of gains over the last year.
Workplace diversity, equity, and inclusion efforts are increasingly becoming part of national political debates.
In the executive order, the president said eliminating such policies would protect “the civil rights of all Americans” as well as work towards expanding “individual opportunity.”
“Every man and woman should have the opportunity to go as far as their hard work, individual initiative, and competence can take them. In America, excellence, grit, and determination is our strength,” as stated in a fact sheet provided by the administration.
According to a Pew Research Center report from 2023, most employed US adults (56%) believe focusing on increasing DEI efforts at work is a positive thing.
“These policies don’t actually dictate who gets hired,” Jessica Fulton, vice president of Policy at the Joint Center for Political and Economic Studies, a nonprofit that aims to improve African-Americans’ socioeconomic status.
“They are ways to open doors to people who might not have access or aren’t as well-connected in an industry or occupation,” she explained.
Target did not immediately reply to The U.S. Sun’s request for comment.
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