Walmart has announced plans to conduct in-depth safety inspections at every single factory in Bangladesh that produces goods for the retailer. The company says it aims to complete all reviews within six months and publicly release the names and inspection information on all 279 factories.
BENTONVILLE, Ark. — The Walmart Foundation is celebrating National Nutrition Month and National School Breakfast Week by giving $6.7 million in grants to five national nonprofit organizations that are providing children with school breakfast and helping families develop better eating habits. The grants are part of Walmart and the Walmart Foundation's $2 billion cash and in-kind commitment through 2015 to help fight hunger in America and Walmart's 2011 initiative to provide customers with healthier and more affordable food choices.
Walmart’s ongoing investigation into bribery allegations was thrust into the spotlight again on Monday after the New York Times ran a lengthy piece detailing how an elaborate series of payments accelerated construction of a controversial store in Mexico City.
The pace at which Walmart adds new selling space globally will remain unchanged next year, but improved productivity, more U.S. stores and expanding multichannel capabilities are expected to produce sales and profit growth.