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Wednesday, May 8
A devastating fire in Bangladesh at an apparel factory has added a sense of urgency to a push in...
A devastating fire in Bangladesh at an apparel factory has added a sense of urgency to a push in the retail world to disclose where and how products are made. The move isn't purely based on altruism, surveys show consumers will pay more for clothes with signs on fair-labor practices. Nordstrom (JWN +0.2%) is considering starting to promote clothes made in humane working conditions - while Nike (NKE) and Wal-Mart (WMT -0.7%) plan to take on tired accusations of sweat-shop tactics with more disclosures.