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Walmart shareholders will not get to vote on gender pay gap proposal
By Jana Kasperkevic Thanks to a no-action letter from the US Securities and Exchange Commission, Walmart was allowed to block a shareholder vote on a resolution that would require it to disclose any gender pay gap. The resolution was not … Continue reading
‘This is a new low even for Walmart,’ say fired workers
By Chris Isidore and Katie Lobosco Walmart (WMT) unexpectedly closed five stores last week for what it said were severe plumbing problems. That put 2,200 people out of work. But the United Food and Commercial Workers union filed an injunction with the … Continue reading
The Real Reason Walmart U-Turned on Wages
By Curt Hopkins Retail powerhouse Walmart prides itself on providing customers with “everyday low prices.” But labor experts believe the retail giant scored itself a public relations bargain with a much-publicized but less-than-generous pay increase for some of its workers. … Continue reading
Posted in News from the Soul Brother
Tagged business, income inequality, minimum wage, money, organized labor, politics, United States, Walmart
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The Hard-to-Believe, Cruel Things Corporate Executives Say About Americans Struggling to Get By
By Paul Buchheit At a time of year when we’re inclined to show empathy for people less fortunate than ourselves, some of our top business leaders are notable for comments that show their disdain for struggling Americans. Their words may … Continue reading
Posted in News from the Soul Brother
Tagged Exxon, homelessness, McDonald, Monsanto, poverty, United States, Walmart
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Mall developers feel the pull of Africa’s consumer boom
By Matthew Bigg and Tiisetso Motsoeneng When Wal-Mart Stores (WMT.N), the world’s top retailer, bought control of major South African discount chain Massmart Holdings (MSMJ.J) in 2011, American shopping mall developer Irwin Barkan had an epiphany. An industry veteran of 30 years, Barkan’s … Continue reading
Posted in News from the Soul Brother
Tagged Africa, consumer, Economic growth, Ghana, malls, Massmart, retail, South Africa, Walmart, World Bank
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Join The Booming Dollar Store Economy! Low Pay, Long Hours, May Work While Injured
Dawn Hughey had worked at Dollar General for just four months when she was named manager of a store in the Detroit suburbs in 2009. Having recently moved home after a stint in California, Hughey hoped the new honorific — and its … Continue reading
Posted in News from the Soul Brother
Tagged Dollar General, Dollar Tree, Family Dollar, retail, United States, Variety store, wages, Walmart, workers
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Walmart CEO Mike Duke Pushes Back Against Company’s Minimum Wage Reputation
By Huffington Post Fast food and retail workers across the country have taken to the streets this year to decry their low wages. But the CEO of Walmart, which is often a target for criticism in that battle, claims a … Continue reading
Posted in News from the Soul Brother
Tagged Low-Wage Workers, Medicaid, Mike Duke, minimum wage, Wage, Walmart
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Walmart’s Latest Scheme to Replace the Middle Class With an Underclass Forced to Buy its Shoddy Goods
By Stacey Mitchell Almost 30 years ago, as the U.S. was bleeding jobs, Walmart launched a “Buy America” program and started hanging “Made in America” signs in its 750 stores. It was a marketing success, cementing the retailer’s popularity in the … Continue reading
Posted in News from the Soul Brother
Tagged Asia, business, Buy America, Grocery store, middle class, monopoly, retail, United States, Walmart
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Google Fiber TV Adds Walmart’s Vudu TV and Movie Service
Posted in News from the Soul Brother
Tagged entertainment, Google, Google Fiber, internet streaming, technology, television, Vudu, Walmart
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It’s Time to Do Something When a Corporation Like WalMart Won’t Pay a Living Wage: Or Else We All Pay
By Thom Hartmann Last week, thousands of fast food workers from across the country walked off their jobs to demand a living wage of $15 an hour. Ever since, the Republican talking point machine has been running on all cylinders. … Continue reading
Posted in News from the Soul Brother
Tagged business, fast food, jobs, Living wage, minimum wage, poverty, United States, wages, Walmart
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