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Posts tagged ‘wal-mart’

The anti-union video Wal-Mart shows all its new workers

Target also has a video like this as well.

Update – I see that Wal-Mart has used DMCA to get YouTube to take the video down. When this was first uploaded by the original owner, I knew that it might get taken down because Target had done the same thing with a DMCA request before. So I downloaded a copy off of YouTube. I’m looking for a place to upload it where it won’t get taken down again. Perhaps some server farm in Eastern Europe? Pirate Bay? Who knows.

Screen shot:

Bad news for Wal-Mart in Indian state of Rajasthan

The people of the Indian state of Rajasthan are speaking out against foreign corporations like Wal-Mart being able to directly invest in supermarket chains. One of the major political parties in that state opposes foreign direct investment because of the impact it would have on smaller merchants. This sounds a lot like what we here in America have been saying about chain stores and their effect on main street.

For years now, Wal-Mart has been trying to make inroads into India only to have come up short.

As this New York Times article from October of 2013 mentioned:

Wal-Mart’s problems in India extend well beyond the government’s procurement rules. The Indian authorities are investigating whether Wal-Mart violated foreign investment rules by giving Bharti Retail an interest-free loan of $100 million that could later be converted into a controlling stake in the company. Both companies deny wrongdoing.

Last November, the joint venture between Wal-Mart and Bharti suspended several senior executives and delayed some store openings as part of an internal bribery investigation, one of a series of bribery inquiries that have shaken Wal-Mart’s international operations. In June, the joint venture replaced its chief executive.

In the end Wal-Mart decided to walk away from the joint venture with retailer Bharti. But that doesn’t mean they’ve given up on India entirely. There are also other large retailers like the UK’s Tesco who are seeking new market share in the country. Eventually I’m sure that the local governments of states throughout India, will see foreign direct investment as necessary for economic development. But it is my hope that they will negotiate deals on their terms that won’t hurt the smaller independent businesses in their states. I would also hope that they take labor and environmental issues into consideration when negotiating with foreign investors too.

photo by: josh.ev9

Five things that Wal-Mart’s new CEO could do but won’t

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This have got to be the saddest looking Wal-Mart cops around #blackfriday

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Homeless? Broke? Or on your break from Wal-Mart?

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Where your $5.97 Wal-Mart shirt comes from

From a factory in Bangladesh to a Walmart store near you – the story of a $5.97 t-shirt. This video takes a look at Walmart’s history of worker mistreatment – including below federal poverty level wages, intimidation and poor health and safety standards. We must fight for dignity, health and safety, freedom of association and collective bargaining to stop Walmart’s global race to the bottom.

Wal-Mart worker has to donate blood to feed kids

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Visit – http://bit.ly/Under25k

Wal-Mart loses in India

While D.C. Mayor Vincent Gray gave Wal-Mart a big win the the District; they’re going to lose big in the country of India.

The corporation’s partnership with Indian retailer Bharti is about to come to an end.

This is a victory with a hundred parents though, and no small part of the story is Walmart’s own undoing of course, and more recently its inability to either have its way with the Indian Parliament or to abide by the rules that were finally crafted in a bitter compromise to allow foreign direct investment in retail.  The fact that their mischief and chicanery in Mexico of bribing local officials and greasing every skid in that country is likely to have also been at work in India where an investigation continues into whether they were involved in corrupt practices tying the hands of their lobbyists even more.

It would appear that Wal-Mart had issues with sourcing 30% of their goods from India and not just selling Chinese manufactured products through Bharti.

Gas prices go up, tuition goes up, why not wages?

If the cost of living continues to increase isn’t it only logical that wages must be raised so that people can meet their needs?

From an article talking about a fight to raise San Jose’s minimum wage:

This legislative fight was hatched in a perfect storm. It was happening post-recession, in the wake of open global panic about the economy. It was happening during mind-boggling tuition hikes — SJSU has raised its tuition by 141 percent since California’s last minimum wage increase in 2008. It was happening when gas prices often surpassed $4 a gallon. The campaign kicked off just as thousands of angry Americans, many of them young, descended on Wall Street and hundreds of satellite cities, including San Jose. This wasn’t President Obama’s generic call to raise the federal wage in the State of the Union address. This was a fight that belonged to the students. And the fight wasn’t just altruistic, as the students’ own paychecks hung in the balance.

The argument that businesses and conservatives use that paying people more ends up creating less jobs and costing business more is shortsighted. I call this austerity-think and if we’re not careful this mindset can and will lead us into another recession.

Take Wal-Mart as an example. if they paid their employees more, those same workers would turn around and spend their money at Wal-Mart buying the goods they need on a day to day basis. This would reverse the trend of decreasing same store sales that Daniel Gross mentions in his Daily Beast piece.

Some day, the bosses in Bentonville will understand the connection between the low wages they pay and the continuing frustration of the bean counters. Sadly, for Walmart’s employees and shareholders, this is not the day. In premarket trading, Walmart’s stock was off about 2.5 percent.

In closing, austerity-think must be combated at all levels from private to public enterprise. Laying people off, cutting social programs and not paying them a living wage all contribute to a horrible economy where the wealth gap remains ever increasing.

As it’s been said about San Jose:

The funneling of creative, educated young people and venture capital dollars to a city, which in turn gives birth to a service industry to support this class, is both the modern emblem of urban success and a recipe for a cavernous wealth gap.

People have to make money to spend money. Down with extreme wealth disparities an the Two Americas.

Why does the clothes from Wal-Mart smell like smoke?

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