A group of U.S. retailers that includes Wal-Mart (WMT +0.7%) and Gap (GPS +1%) are close to...

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

A group of U.S. retailers that includes Wal-Mart (WMT +0.7%) and Gap (GPS +1%) are close to finalizing an agreement to create a $50M fund to help improve garment factory conditions in Bangladesh. The group didn't join a separate pact which was deemed too Euro-centric.