- Walmart Inc (NYSE: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 (NYSE: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.
- Photo via Wikimedia Commons
Baozun Q3 Total GMV +15.9% YoY To RMB18.63B, Distribution GMV -28.8% YoY To RMB559M
Third Quarter 2022 Operational Highlights
Total Gross Merchandise Volume ("GMV")6 was RMB18,632.1 million, an increase of 15.9% year-over-year.
Distribution GMV7 was RMB559.0 million, a decrease of 28.8%
