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Wal-Mart (WMT) reportedly declined to make upgrades at a manufacturing facility in Bangladesh...

Wal-Mart (WMT) reportedly declined to make upgrades at a manufacturing facility in Bangladesh where a deadly fire last month claimed the lives of over 100 people. At a meeting of retailers in 2011, the company said costly modifications at the 4.5K factories in the nation weren't "financially feasible" at the time.
Comments (2)
  • hdivinemad
    , contributor
    Comments (5) | Send Message
     
    Another Instance of Walmarts greed! A new Walmart Improvement to Investors Is to pass Equipment that needs replacing In It's stores using Associate bonus funds. One would think that replacing the Hot Bar In a store deli as well as a cart pushing machine would be replaced and payed for be Bentonville, right! Wrong, a Walmart In Middleburg Florida recently replaced these pieces of equipment needed to operate the store and used the bonuses earned by the store associates to pay for them. the store management then warned everyone not to talk about It to anyone or be written up. These days that means being fired!

     

    This Is just One store. Think of all the funds taken from the associates In the other stores too. It could be a lot of money diverted from associates to Improve the bottom line. Walmart Is beginning to look a lot like the Company Stores of days past
    5 Dec 2012, 12:42 PM Reply Like
  • positivethoughts
    , contributor
    Comments (1812) | Send Message
     
    Does Walmart own the manufacturing facility? If so, they should make upgrades. If they contract out the production, it is the responsibility of the manufacturer to do this themselves.
    5 Dec 2012, 02:24 PM Reply Like
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