Walmart's low-wage workers cost U.S. taxpayers an estimated $6.2 billion in public assistance including food stamps, Medicaid and subsidized housing, according to a report published to coincide with Tax Day, April 15.
I've heard this before. I do wonder about the turnover rate at Walmart. Are many people using it as a stepping stone to a better job? If so this criticism needs to be reanalyzed. Could it be Walmart is developing more and better employees for better paying jobs faster than any government program ever has? I am just wondering out loud here since I have to think lower echelon Walmart employees are looking for a way up and out asap.
Gap Inc.'s decision to boost its minimum hourly pay to $10 wasn't purely altruistic. Across its five fashion brands, sales associates are responsible for, as the company puts it, "building the bridge between our in-store and digital shopping experience."
Thanks to a proliferation of press attention, it may often seem like Whole Foods, Trader Joe’s and farmers markets peddling organic kale are today’s favored grocery shopping destinations. But that's not so.
In a recent opinion column on Forbes.com, Peter Schaumber claimed the world’s largest corporation is the "victim" of the actions of a "partisan" labor board. Nothing could be further from the truth. The real victims are Walmart workers, says Prof. John Logan.
Walmart CEO Doug McMillon has been talking about a possible pay raise for the company's workers for months now. On Thursday morning, as the Bentonville, Ark.-based retail giant released its earnings, he made it official, boosting 500,000 associates to $9 hourly pay.
First came the 3D-printed gun and 3-D printed internal organs. Now, better late than never: the 3D-printed engagement ring -- or pearl pendant, or diamond necklace, or really any piece of jewelry you can fathom
Mattel recently reported a lag in revenues for their perennial bestselling Barbie doll. Could this have something to do with the subsequent appearance of two very different but equally alarming incarnations of the pony-tailed beauty?
You might roll your eyes at your friends' Instagram over-sharing of every coffee date or shoe purchase, but Nike and Starbucks are making the most of it -- and killing retail competition on the photo-sharing social network.