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Walmart

December 5, 2013

Walmart’s attempt to make a quick buck off anti-capitalist images by street artist Banksy has backfired, with the artist’s publicist asking to have the items removed.

Walmart’s attempt to make a quick buck off anti-capitalist images by street artist Banksy has backfired, with the artist’s publicist asking to have the items removed.

The retailer, controlled by the Waltons, had been selling canvases and t-shirts bearing the artist’s stenciled images through its website.

One image included a street vendor selling a t-shirt emblazoned with the words ‘Destroy Capitalism’.

November 19, 2013

A US environmental group has accused family-controlled retail giant Walmart of leaving some of its most polluting activities off its annual sustainability report.

A US environmental group has accused family-controlled retail giant Walmart of leaving some of its most polluting activities off its annual sustainability report.

In 2005, the hypermarket chain, controlled by the Walton family, launched a much-publicised sustainability campaign. It says since then its greenhouse gas emissions have risen only 14%.

August 21, 2013

A group of disgruntled Walmart employees have taken aim at the expensive hobby of its second-gen chairman, in a protest to point out the pay discrepancy between the family business’s minimum wage workers and its top-level executives.

A group of disgruntled Walmart employees have taken aim at the expensive hobby of its second-gen chairman, in a protest to point out the pay discrepancy between the family business’s minimum wage workers and its top-level executives.

S. Robson Walton, 68, was targeted while taking part in a racing event in California with his collection of luxury cars, including a Maserati and a Ferrari, valued at an estimated $16 million.

Two separate protests were staged – one in front of the Mazda Raceway Laguna Seca and the other at a nearby Walmart store.

May 16, 2013

Walmart has stated it will not sign an international agreement to improve worker safety in Bangladesh drawn up by unions.

Walmart has stated it will not sign an international agreement to improve worker safety in Bangladesh drawn up by unions.

IndustriALL and UNI Global have spearheaded the plan in the wake of the collapse of the Rana Plaza, which killed more than 1,000 workers and is being described as one of the largest industrial disasters in recent history.

The agreement is a programme of fire safety reforms, independent inspections, and worker-led health and safety committees. It will also give unions access to factories.

May 7, 2012

Remember Walmart’s “Get on the shelf” contest? The US family-controlled retailer has now announced the three winners of the competition – all of whom will have the chance to see their products being sold on the company’s online stores. 

Remember Walmart’s “Get on the shelf” contest? The US family-controlled retailer has now announced the three winners of the competition – all of whom will have the chance to see their products being sold on the company’s online stores.

The “grand prize” went to Philadelphia-based HumanKind Water, a bottled water company that uses its net profits to provide clean water.

December 22, 2011

Walmart is best known for its giant stores, the fortune it made its founding family and its sometimes questionable employee practices, but as Christmas approaches, the family business has shown a different side. 

Walmart is best known for its giant stores, the fortune it made its founding family and its sometimes questionable employee practices, but as Christmas approaches, the family business has shown a different side.

The company has organised a 12 Days of Giving campaign on Facebook, where it will donate $1.5 million (€1.15 million) to 145 organisations across the US.

December 9, 2011

The Walton family, which controls supermarket giant Walmart, intends to sell more than 70 million shares, equivalent to about 2% of the family business.

The Walton family, which controls supermarket giant Walmart, intends to sell more than 70 million shares, equivalent to about 2% of the family business.

Walton Entreprise, controlled by Rob Walton, Alice Walton, Jim Walton and the John Walton Estate Trust, will register for sale 70,615,608 of the company’s shares, Walmart said in a filing with the Securities and Exchange Commission.

August 19, 2011

The world’s second-largest sugar trader Bunge Limited, controlled by descendants of three different families, plans to invest $2.5 billion in Brazil to boost its existing business in the rapidly growing economy.

The world’s second-largest sugar trader Bunge Limited, controlled by descendants of three different families, plans to invest $2.5 billion in Brazil to boost its existing business in the rapidly growing economy.

The New York-based company said in a statement that it plans to invest the money in eight of its existing mills in the South American country over the next five years. According to the group, the additional financial support will increase the company’s sugar-crushing capacity by 50% to 30 million tonnes of cane a year.

August 17, 2011

The Walton family-controlled retail giant Walmart has seen a revival in its domestic sales in the second quarter of this year, following a disappointing performance in 2010.

The Walton family-controlled retail giant Walmart has seen a revival in its domestic sales in the second quarter of this year, following a disappointing performance in 2010.

The Arkansas-based retailer said in a statement that its US sales rose to $64.89 billion for the quarter ending 31 July, up from the $62.66 billion it achieved in the previous three months.

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