By now, most people are aware of what’s going on in Charlottesville, Virginia. And in response, Wal-Mart Stores CEO Doug McMillon wrote in a memo that President Trump missed his chance to create and promote unity against the violence and racist protests over the weekend.
“As we watched the events and the response from President Trump over the weekend, we too felt that he missed a critical opportunity to help bring our country together by unequivocally rejecting the appalling actions of white supremacists,” the memo said. With that being said, McMillon did say that Trump’s latest remarks were “a step in the right direction.”
Why does Wal-Mart (NYSE:$WMT) care? Well, McMillion said he represents a company with “the largest and one of the most diverse groups of associates in the United States” as well as a large and diverse customer base. As a result, the Arkansas-based company plans on doing two things: 1) staying up to date with current affairs, and 2) urging elected officials to “promote a more just, tolerant and diverse society.”
However, despite his remarks, McMillon is currently on, and will stay on, a panel of informal corporate advisers to the president. Four of McMillion’s colleagues on the board quit after Trump took his time to react to the protests.
So far this year, Wal-mart shares are up 17.3%.
Featured Image: twitter
