Activist investor reveals Costco's defiant DEI stance is 'not as meaningful' as it may appear
Activist investor reveals Costco's defiant DEI stance is 'not as meaningful' as it may appear
Costco Wholesale, one of America's most beloved retail giants, may have declared victory over critics of its diversity, equity, and inclusion (DEI) policies, but activist investors are warning that this fight is just beginning. Despite a resounding 98 percent vote against a proposal to reassess its DEI initiatives during Friday's shareholder meeting, the company's defiance has only ignited further outrage among those seeking to purge 'woke' practices from corporate America.
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