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0 0 -3.34016768671336E-07 0.0020837079424177 0.0020837079424177 0.00210597572700149 0.00193896734262379 0.000977778421069324
Stock impact report

Costco Thriving After Retailers Like Target Roll Back DEI Initiatives [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Analytics firm Numerator stated in a March 5 report that the shift in store traffic may be linked to retailers' adjustments to DEI initiatives . “Black and Hispanic households appear to be reducing visits at disproportionately high rates in the weeks following Target's DEI rollback,” the report states. “Meanwhile, Costco — maintaining a strong DEI stance — has attracted many of these same consumers.” In year-to-year visits, Target saw a decline in nearly five million shoppers during a four-week period that ended Feb. 9. For Costco, the big-box store corporation saw an increase of 7.7 million visits. The decline in Target's traffic may reflect its decision to switch things up on customers. One-third of survey respondents knew about the Feb. 28 economic blackout. “That kind of seesawing back and forth and saying one thing and doing another, that's what gets brands like Target in trouble,” said Collage Group's chief insights officer, David Albert, according to Business Insider . “We'v Show less Read more
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