Tuesday, January 29, 2008

Wal-Mart becoming a Political Issue for Candidates

Bill Clinton Defends Wife's Work on Wal-Mart Board [ABC News]
"While we don't have any insight into what Sen. Clinton advocated for while on the board of Wal-Mart, we do know that Wal-Mart has made no meaningful progress regarding the company's poor business practices, including gender discrimination, low wages, inadequate health care, overseas sourcing or environmental degradation," Nassar said.

Tuesday, January 22, 2008

WMT to enter Russia

Wal-Mart seen to enter Russia within 2 Years.

Wal-Mart saves over $1 Million from an employee suggestion.

They (WMT) also announced it will cut close to 1,000 magazines they now offer.

Thursday, January 03, 2008

Indian Farmers strike back

Indian farmers are now uniting in solidarity to create a chain of stores that would compete with Wal-Mart's low costs. The country has continued to grow aware of the economic effects Wal-Mart will have on their country. But is it too late? Here's the Reuters story.


By Krittivas Mukherjee

MUMBAI (Reuters) - Indian farmers and traders, opposed to the entry of private retail giants such as Wal-Mart, are building a chain of superstores as part of efforts to sell their produce directly and stop prices being set by a few big players.

The effort is being backed by authorities in the western state of Maharashtra, which says infrastructure costs for the project could be subsidized.