Straits Times Index
3,415.51 +47.61 (+1.41%) S&P 500
5,537.02 +28.01 (+0.51%) Dow
39,308.00 -23.90 (-0.06%) Nasdaq
18,188.30 +159.54 (+0.88%) Bitcoin USD
60,351.20 -1,836.51 (-2.95%) CMC Crypto 200
1,263.66 -71.25 (-5.34%)
TSCO Oct 2024 300.000 put
- Associated Press Finance
Black farmers' association calls for Tractor Supply CEO's resignation after company cuts DEI efforts
The National Black Farmers Association called on Tractor Supply's president and CEO Tuesday to step down after the rural retailer announced that it would drop most of its corporate diversity and climate advocacy efforts. The resignation demand emerged as Tractor Supply, which sells products ranging from farming equipment to pet supplies, faces a deepening backlash over its decision, which itself came after conservative activists spoke out against the company's work to be more socially inclusive and to curb climate change. In a public announcement last week, the company said it would eliminate all of its diversity, equity and inclusion roles, end sponsorships of “nonbusiness activities” like Pride festivals, and withdraw its goals for reducing carbon emissions.
- Zacks
Here's Why Abercrombie (ANF) Stock Surged 41.2% in 3 Months
Abercrombie's (ANF) strategic efforts, including store-optimization initiatives, appear encouraging.
- Fortune
Tractor Supply’s DEI reversal to appease right-wing critics could fracture its surprisingly diverse ‘exurban’ customer base
The company will cut all diversity-focused jobs and withdraw DEI goals after criticism of its LGBTQ-inclusive stance.
