walmart 2005 global issues and trends

Wal-Mart's corporate culture has kept alive Sam Walton's style of frugality.

Because Wal-Mart is a master of logistics it got those items and more to the victims of Hurricane Katrina, one of the worst natural disasters ever to hit this country. And Wal-Mart got those goods to the people of the devastated Gulf Coast faster than did the government of the United States.

Wal-Mart, as anyone with even a passing interest in business news may remember, is in a little hot water for alleged money laundering and tax evasion out of its Mexico subsidiary, Walmex.

Development of a 100,000-SF distribution facility is planned to follow a $1.3 million land deal in Maumelle.

Vice President Joe Biden is conducting a series of gatherings this week aimed at building a consensus around proposals to curb gun violence following the deadly shooting at a Newtown, Conn., elementary school last month.

Labor groups say they will end their picketing at Wal-Mart stores for at least 60 days as part of a settlement with the National Labor Relations Board. But they vowed they will continue to press the world's largest retailer to better overall working conditions, including wages. The agreement, announced by the labor board Thursday, comes after the discounter filed a complaint on Nov. 20 with the board against the United Food and Commercial Workers International Union.

Amazon's sales in the fourth quarter of last year were more than it made in all of 2008. Wired suggests Amazon's current growth curve resembles that of Wal-Mart in the '90s.

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Thursday, February 14, 2013 10:27 PM   |  

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