June 2012
8 posts
Wayward Walmart--a regular news spotlight on the... →
Check out the latest edition of Wayward Walmart—a regular news spotlight on the company’s missteps and misdeeds. View the newsletter online here.
Jun 19th
Walmart: End Forced Labor by Suppliers  →
Tuesday, June 19, 2012 6:00pm Striking guestworkers from Louisiana-based C.J. Seafood, a Walmart supplier, are holding a vigil at the home of Walmart Board Member Michelle Burns to protest brutal working conditions they’ve endured. Michelle Burns has the power – and duty – to stop abuses by Walmart suppliers. But instead of intervening, Burns has continually looked the other way on labor...
Jun 15th
NY1: Walmart Silent On Potential NYC Expansion...
It’s been more than a year since Walmart started to aggressively lobby for a New York City location. After fierce political opposition and a bribery scandal, the mega retailer has gone radio silent. NY1’s Courtney Gross filed the following report. Last summer, Walmart was handing out checks to City Hall for summer jobs. A year later, there’s silence. After years of flirting...
Jun 14th
New York City Pension Funds Sue Walmart  →
New York City’s pension funds on Monday became the latest group to file a derivative lawsuit against Wal-Mart Stores based on reported allegations of bribery in Mexico and a possible cover-up by Wal-Mart officials. The suit, filed in Delaware Chancery Court, alleges that Wal-Mart’s[WMT 67.70 0.17 (+0.25%) ] officers and board of directors breached their fiduciary duty to both the...
Jun 12th
Is Walmart Finished in New York? Greg David Seems... →
Walmart is in a pickle, and not the kind that can be found in the canned goods aisle. Following the Mexican bribery scandal, pols high and low have reaffirmed their opposition to the store. But they are not the only ones. Even some of the big box retailers staunchest supporters have come out against the company, namely Greg David. The Crain’s columnist and former editor for three decades of the...
Jun 11th
2 tags
Wal-Mart is driving down wages for warehouse... →
SACRAMENTO —Wal-MartStores Inc.has applied its aggressive cost cutting to logistics, helping to drive down wages and benefits for U.S. warehouse workers, according to a new study conducted by a labor-backed group. The world’s largest retailer has significantly outsourced its supply chain, hiring third-party companies to operate its warehouses and transport its good to stores. Those firms...
Jun 7th
4 tags
It's all Related: Trio dominates development in... →
An in-depth look from Sunday’s Crain’s New York Business on how the Related Companies, with $17B worth of projects in the pipeline in NYC alone, took over NYC Read the full story.
Jun 4th
At Annual Meeting, Wal-Mart to Confront... →
ROGERS, Ark. — As Wal-Mart celebrates its 50th anniversary at its annual shareholders’ meeting on Friday, the company is expected to face some of the staunchest opposition in years to the continued tenure of several board members and its chief executive, as well as some corporate policies. Read the full story.
Jun 1st