Tuesday, July 20, 2010

Wal-Mart's News: July

Chicago, IL--Wal-Mart Announced they want to open "dozens of new stores" in the next five years in various sizes ranging from 8,000 square feet to the typical  200,000 square feet Supercenter. 

Just a few days after Wal-Mart Stores appears to have won over skeptics in the Windy City of Chicago, the retailer has its sights set on another untapped metropolitan area: Washington, D.C. 

Community groups claim victory, but retail giant won't pay "living wage" unions wanted. 

Portola Valley, CA-- The Walmart Store at Westridge Shopping Center in Salinas will reopen in the fall when a renovation is completedm a company spokeswoman said. 

Dallas, TX--The City Council voted unanimously to advance talks to sell a four-acre plot of land to Wal-Mart Stores Inc. to develop a small grocery. 

Johnson City, TX-- Walmart said that it will present $16,500 in grants from the Walmart Foundation to eight area organizations during the grand opening of its second store in Broome County. 

Franklin, NC-- On Aug. 2, anyone with an opinion on the proposed Walmart Supercenter will have a chance to address the town board in a public hearing at 7:05pm at town hall. 

OHIO- According to site plans recently filed with the township, LRC Development Co. of Akron is proposing two large retail buildings on Rothrock Road in Copley.

Walmart Near Battlefield Back in Virginia Court
ORANGE, Va-- A trail date is expected to be set on a bid to block a Walmart Supercenter near an endangered Civil War battlefield in northern Virginia. 

Another Billionaire Bailout for Wal-Mart Developer
Bridgeton, MO-- One of the richest people in America was given millions in public welfare to build an unnecessary Wal-Mart. This "bailout for Billionaires" was the work of the Bridgeton, Missouri City Council, where economic  illiteracy trumps common sense. 

Wal-Mart Fighting $7,000 Fine in Trampling Case
Wal-Mart Stores has spent a year and more than a million dollars in legal fees battling a $7,000 fine that federal safety officials assessed after shoppers trampled a Wal-Mart employee to death at a store on Long Island on the day after Thanksgiving in 2008. 

Medical Marijuana User Sues Over Walmart Firing
DETROIT-- A man who uses medical marijuana to treat symptoms of an inoperable brain tumor and cancer claims in a lawsuit filed when he was wrongfully fired from a Walmart store in Michigan after testing positive for the drug. 

Putting Screws to Suppliers Means Big Cash For Wal-Mart
Retail and consumer goods manufactures realize significant sales through Wal-Mart's retail channel giving Wal-Mart leverage to influence suppliers to sell at cheaper prices. With its power over suppliers and strong credit quality, can thus efficiently manage its working capital. 

Sam's Club Will Offer Small Business Loans
NEW YORK-- Wal- Mart's Sam's Club chain is teaming up with a lender to offer loans of up to $25,000 to its small business members. 

The Stats Behind Walmart

It's Called Capitalism
Walmart CEO Michael Duke's $35 million annual salary constitutes an hourly wage equal to the annual salary of the average Walmart employee. New Walmart employees are paid a gross salary of $13,650 a year. Thus, over a single lunch, Duke makes the yearly salary of one of his workers. 

Walmart Contributing to Destruction of Indonesia's Rainforests
Major U.S. companies are contributing to the destruction of Indonesia's rainforest's by sourcing paper from Asia Pulp and Paper (AAP)

Wal-Mart and Procter & Gamble Join Forces
To promote more family friendly shows, the "project" is a secret community of geniuses formed to solve some of the world's problems, and they must fight to keep a new technology from falling into evil hands.