Walmart to Take 'Multicultural' Beauty Products Out of Locked Cases

Walmart (NYSE: WMT) recently announced a number of steps it is taking to improve racial equity inside and outside its stores, including removing "multicultural" hair and beauty products from locked cases in about a dozen stores where that had been the situation.

CEO Doug McMillan announced last week in a note to Walmart associates that "inside the company, our work to recruit, develop and support African Americans and other people of color will be even more of a priority."

He also said the company would take steps to further racial equity in society at large. "To influence and lead change in society more broadly, we are going to invest resources and develop strategies to increase fairness, equity and justice in aspects of everyday life," he said.

Source Fool.com