logo
Nissan, Walmart dial back Stonewall Columbus sponsorships for Pride 2025

Nissan, Walmart dial back Stonewall Columbus sponsorships for Pride 2025

Yahoo09-06-2025
COLUMBUS, Ohio (WMCH) — Stonewall Columbus said a few corporations that previously backed the Pride march and festival are cutting off support this year amid efforts to roll back diversity, equity and inclusion initiatives.
Densil Porteous, executive director of Stonewall Columbus, said the organization has seen a reduction in corporate sponsorships totaling about $150,000 for this year's Pride celebrations. Notably, companies such as Lowe's, Walmart, Nissan, and Anheuser-Busch, which supported Stonewall's events in 2024, are not participating this year.
Out in Ohio: Stonewall Columbus gets ready for Pride 2025
'This trend aligns with a broader national pattern where corporations are reevaluating their diversity, equity, and inclusion commitments amid political pressures and economic uncertainties,' Porteous said.
Lowe's, Walmart, and Anheuser-Busch didn't respond to NBC4's request for comment. Nissan said in a statement it's 'currently reviewing all marketing and sales spending — including select consumer auto shows, sports properties and other entertainment activations — to maximize both efficiency and breakthrough effectiveness.'
Despite these setbacks, Porteous said, 'The support from our community and remaining partners has been heartening.' Anticipating some shifts in economic support, Porteous said the organization worked to secure a $276,000 grant from the Franklin County Board of Commissioners to offset the shortfall.
List: 2025 Pride Month events, festivals in central Ohio
Porteous noted many local businesses and organizations continue to stand with Stonewall, as the organization has raised additional support from the community totaling about $34,000. The organization's Pride events remain scheduled as planned, with the march taking place at 10:30 a.m. on June 14.
'We anticipate a vibrant turnout, celebrating under this year's theme, 'United in Power,'' Porteous said. Learn more about the Stonewall Columbus Pride march and festival on 'Out in Ohio,' NBC4's streaming show amplifying the voices, stories and work of Ohio's LGBTQ+ community.
Stonewall is losing some corporate backing as several other central Ohio Pride festivals have also had their sponsors dial back. The Union County Rainbow Coalition, host of Marysville's Pride Fest, said it has encountered funding challenges as the coalition has spoken out against anti-LGBTQ+ rhetoric. That advocacy has yielded a drop in support from some local companies, organizers Christian Downey-Thompson and Betty Elswick said.
The Rainbow Coalition has forged ahead with the Marysville Pride Fest, taking place June 14 from 3 to 9 p.m. in Partners Park, in part because of several Marysville families who stepped up to replace those local businesses with even larger donations. The coalition was also the recipient of prize money from Folx Health, an online healthcare provider for LGBTQ+ people.
Locals paint rainbow fence at German Village bar that had Pride flags stolen
The Westerville Queer Collective, the group behind Westerville's Pride Festival, said this June's festival has about the same number of sponsors as last year, even though the collective has needed 'to do a little bit of extra campaigning' in the wake of President Donald Trump's reelection and anti-LGBTQ+ proposals at the Ohio Statehouse.
Delaware Ohio Pride, the organizers behind the city of Delaware's Pride festival, told NBC4 in March that some local entrepreneurs who previously backed the organization have cut off support and no longer offer their businesses as event space since Trump's reelection.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Lowe's trades at attractive levels. Using options to capture potential gains ahead
Lowe's trades at attractive levels. Using options to capture potential gains ahead

CNBC

time12 hours ago

  • CNBC

Lowe's trades at attractive levels. Using options to capture potential gains ahead

Lowe's (LOW) recently broke out from a major consolidation period and presents a strong upside opportunity. With the anticipated Federal Reserve interest rate cuts and LOW's targeted initiatives aimed at accelerating growth, the current levels provide a compelling entry point for investors to seek bullish exposure with an attractive risk-to-reward ratio. Trade timing The timing for bullish exposure in LOW is optimal, the stock has spent the last 5 months in a range between $210 and $230 consolidating. However, it just broke out above this trading range earlier this week while outperforming the S & P 500 . This suggests that there is potential institutional and retail accumulation on this breakout and we are targeting $265 to the upside, the high of 2025. Fundamentals LOW currently trades at a slight discount to its peers supported by strong profitability, suggesting moderate upside potential. Forward PE ratio: 19.4x vs. retail-cyclical industry average 22.0x Future EPS growth: 7.6% vs. industry average 7.2% Future revenue growth: 2.8% vs. industry average 3.7% Net margins: 8.2% vs. industry average 6.2% Bullish thesis Strategic Initiatives for Pro Customers: Lowe's has achieved a notable 30% Pro penetration, with strategic relaunch of its MyLowe's Pro Rewards loyalty program in 2025. Expanded Product Offerings: Lowe's is expanding its product assortments in nearly 500 stores targeting underserved rural markets. This initiative positions Lowe's uniquely to capture increased market share in regions lacking direct competition. Digital & Technological Investments: Lowe's partnerships with technology leaders such as Nvidia , OpenAI, and Palantir to leverage AI and the launch of the home improvement industry's first product marketplace significantly boost its competitive edge. Service Enhancements: Introduction of the Pro Extended Aisle program, allowing direct supplier engagement and streamlined jobsite delivery, significantly bolsters Lowe's competitive capabilities in servicing large Pro orders. Additionally, the anticipated shift in Federal Reserve policy, with interest rate cuts expected starting in September and potentially continuing through year-end, provides a supportive backdrop for interest rate-sensitive industries such as homebuilding and home improvement retail. Lowe's stands to benefit directly from increased consumer and Pro spending in response to more accommodative financial conditions. The trade To capitalize on this bullish outlook with earnings on deck in two weeks, I'm buying a Sept. 19, $240/$260 Call Vertical @ $6.37 Debit. This entails: Buying the Sep. 19, $240 call @ $8.35 Selling the Sep. 19, $260 call @ $1.98 Maximum reward: $1,363 per contract if LOW is above $260 at expiration. Maximum risk: $637 per contract if LOW is below $240 at expiration. Breakeven point: $246.37 View this Trade with Updated Prices at OptionsPlay . This bullish options strategy leverages Lowe's recent breakout, compelling strategic positioning, and macroeconomic tailwinds, providing you with a clearly defined risk exposure and strong upside potential heading into earnings. DISCLOSURES: (None) All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.

Will AI-Driven Tools Improve Home Depot's In-Store Edge?
Will AI-Driven Tools Improve Home Depot's In-Store Edge?

Yahoo

time13 hours ago

  • Yahoo

Will AI-Driven Tools Improve Home Depot's In-Store Edge?

The Home Depot, Inc. HD is betting big on artificial intelligence, which is becoming an essential part of its toolkit. The goal is to enhance its in-store competitiveness by providing its employees with improved digital tools. These tools, which leverage the company's extensive internal data and knowledge base, are designed to give store employees instant access to operational and product information through their HD Phones. This new technology is an evolution of existing tools, such as the "Pocket Guide" can now deliver more accurate guidance with greater speed, particularly on complex projects or during peak seasons like spring. For a retailer built on in-store expertise and hands-on problem solving, these AI tools reinforce Home Depot's value proposition in ways e-commerce alone can't replicate. This focus on empowering employees is already paying off, with the company reporting record retention rates, stronger engagement and improved customer today's home improvement market, both DIY and Pro customers demand not only value but also tailored advice. AI tools help sharpen that edge, transforming the role of the associate into a more informed and efficient guide. With a footprint of more than 2,300 stores and a massive workforce, even small gains in efficiency and accuracy can result in measurable improvements in sales combining AI advancements with ongoing employee training, Home Depot is repositioning its stores as intelligent service centers, where tech-enabled human expertise remains at the core of the customer experience. How Do LOW & FND Keep Pace With Home Depot? Lowe's Companies Inc. LOW is stepping up its AI and tech investments to strengthen its in-store edge, much like Home Depot. Lowe's is leveraging AI-driven tools to improve associate productivity, enhance job site delivery and optimize customer interactions across channels. Lowe's integration of AI with partners like NVIDIA and Palantir is already enhancing search and recommendation engines. By embedding advanced technology into everyday operations, Lowe's is positioning itself as a smart, tech-enabled competitor in home improvement & Decor Holdings, Inc. FND is doubling down on digital and in-store initiatives to strengthen its competitive edge. Floor & Decor is expanding design services and connected customer capabilities, which now drive 19% of sales, supported by rising online engagement and higher average ticket sizes. Floor & Decor's investment in store openings, enhanced assortments and personalized design consultations underscores its strategy to deliver a seamless, high-touch shopping experience across channels. What the Latest Metrics Say About Home Depot Home Depot shares have risen 12.5% in the past year compared with the industry's growth of 6.9%. Image Source: Zacks Investment Research From a valuation standpoint, Home Depot trades at a forward price-to-earnings ratio of 24.48X, higher than the industry's 21.58X. HD carries a Value Score of C. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Home Depot's current financial-year sales implies year-over-year growth of 3.1%, while earnings per share suggest a decline of 1.3%. Image Source: Zacks Investment Research Costco currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lowe's Companies, Inc. (LOW) : Free Stock Analysis Report The Home Depot, Inc. (HD) : Free Stock Analysis Report Floor & Decor Holdings, Inc. (FND) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

Do not let LGBT veterans scheme to ‘become damaged', 45 MPs urge Healey
Do not let LGBT veterans scheme to ‘become damaged', 45 MPs urge Healey

Yahoo

time2 days ago

  • Yahoo

Do not let LGBT veterans scheme to ‘become damaged', 45 MPs urge Healey

The Defence Secretary cannot let a payment scheme for LGBT veterans 'become damaged', 45 MPs have said, amid fears some claimants have 'struggled immensely' to receive their money. In a letter to John Healey, the cross-party MPs warned that some veterans facing financial crisis are 'suffering from severe mental health issues' without support 'from the outset'. LGBT veterans who faced mistreatment, including dismissal and bullying, because of their sexuality between July 1967 and January 2000 can make a claim through a financial recognition scheme worth £75 million. Liberal Democrat MP Ben Maguire, who signed the letter, accused the Government of 'now failing the very veterans they pledged to support'. The North Cornwall MP said: 'The slow pace of delivery is unacceptable and causing avoidable distress. 'Many of these LGBT veterans have already endured lifetimes of shame, stigma and rejection.' Mr Maguire added: 'These veterans should not have to suffer all over again because of bureaucratic delays. 'That's why I'm very pleased to have colleagues from right across Parliament join me in demanding faster payments, and clearer transparency, for MPs and the public.' The letter has 46 backers in total, including the Liberal Democrats' defence spokeswoman Helen Maguire, several Labour and Plaid Cymru MPs, and Stonewall charity co-founder Lord Cashman. Dame Caroline Dinenage, the Conservative MP for Gosport who also signed the letter, told the PA news agency that LGBT veterans had faced an 'injustice that's gone on for far too long'. The MPs have requested that the Ministry of Defence (MoD) 'widens the criteria for prioritisation to include all those in financial crisis', to applicants 'who are in most need of a swift decision suffering from financial crisis – not just when they are in ongoing bankruptcy proceedings in court'. Fast-tracked applicants under the existing scheme include claimants who are facing bankruptcy or having their home repossessed through a court process. 'Many of these veterans who are in financial crisis, but are not yet in the court system, are still suffering from severe mental health issues because of a lack of financial support provided by the redress scheme from the outset,' the MPs warned. They suggested that instead of making veterans who were dismissed or administratively discharged wait for their full award, 'by making an immediate payment of £50,000 to all these veterans who qualify, the MoD can alleviate the pressure and anger being felt by this community and would provide a quick win for the MoD' before a panel considers whether to issue further payouts on a case-by-case basis. 'These veterans have struggled immensely to progress their claims, and after years of waiting for signs of hope are still waiting for settlement and closure,' the MPs added. 'We cannot allow this process to become damaged in the same way as other compensation schemes have.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store