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Stock impact report

Walmart Tries to Join the #MeToo Movement By Removing Cosmo From Checkout Lines [Fortune]

Rite Aid Corporation (RAD) 
Last rite aid corporation earnings: 4/16 07:00 am Check Earnings Report
US:NYSE Investor Relations: riteaid.com/corporate/investor-relations
Company Research Source: Fortune
Walmart appears to be tip-toeing into the #MeToo movement, but its approach may be misguided . Walmart announced Tuesday that it would be removing women’s magazine Cosmopolitan from its checkout lines. “As with all products in our store, we continue to evaluate our assortment and make changes. Walmart will continue to offer Cosmopolitan to customers that wish to purchase the magazine, but it will no longer be located in the checkout aisles. While this was primarily a business decision, the concerns raised were heard,” the retailer said. The National Center on Sexual Exploitation (NCOSE), an anti-pornography advocacy group, reportedly played a role in Walmart’s decision and called the move “what real change looks like in our #MeToo culture.” “Walmart’s removal of Cosmo from checkout lines is an incremental but significant step toward creating a culture where women and girls are valued as whole persons, rather than as sexual objects,” the NCOSE said in a press re Show less Read more
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