More details emerge on the safety pact 17 U.S. retailers signed to improved factory conditions in Bangladesh. A total of $42M has already been kicked in to the pool by companies which include Wal-Mart (WMT -0.2%), Target (TGT -0.1%), and Gap (GPS +0.5%) with $100M in loans pledged in the future. An agreement signed by a large number of European retailers is viewed as leaving the group more exposed to liability.
More details emerge on the safety pact 17 U.S. retailers signed to improved factory conditions...
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