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When asked why so many Walmart workers choose to enroll in state health care plans instead of Walmart's own plan, Walmart CEO Lee Scott acknowledged that some states' benefits may be more generous than Walmart's own plan: "In some of our states, the public program may actually be a better value – with relatively high income limits to qualify ...
Walmart described the move as “a difficult decision” but stated the “lack of profitability” has made the healthcare business “unsustainable… at this time.” Don't miss
Walmart, the world’s largest retailer, responded to pressure from some conservative activists like Robby Starbuck, and shortly after the election confirmed that it wouldn’t renew its five-year ...
The name Walmart (NYSE: WMT) doesn't usually conjure up images of upscale shopping, but the discount supermarket giant, which happens to be the largest company in the U.S. by sales, has recently ...
Wal-Mart: The High Cost of Low Price is a 2005 documentary film by director Robert Greenwald and Brave New Films about the American multinational corporation and retail conglomerate Walmart. [2] The film presents a negative picture of Walmart's business practices through interviews with former employees, small business owners, and footage of ...
In response to the moves, 13 Democratic attorneys general say in part, “Threats to boycott, sue or otherwise negatively impact Walmart’s bottom line may well have contributed to your decision ...
In 2013, the Democratic staff of the U.S. House Committee on Education and the Workforce released a report called Wal-Mart's The Low‐Wage Drag on Our Economy: Wal‐Mart's low wages and their effect on taxpayers and economic growth, which analyzed Walmart's effect on U.S. government finances and concluded that each Wal-Mart store with at ...
There's more to shopping than low prices. Wal-Mart (WMT) posted financial results Tuesday morning that aren't as encouraging as they may seem at first glance. Yes, net sales rose nearly 6%, to ...