Friday headline roundup

Budget-Conscious Customers Are Abandoning Wal-Mart For Dollar Stores (Business Insider, 9/30/2013)

“Dollar stores are beating Wal-Mart in the competition for budget-conscious customers. Wal-Mart’s merchandise has been ‘piling up because consumers have been spending less freely,’ Renee Dudley at Bloomberg reported last week. The company is also preparing for a tough holiday season. Meanwhile, Dollar Tree is opening legions of stores and increasing traffic and sales at a rapid pace.”

 

How a Wal-Mart “safety” scheme is dividing the Democratic Party (Salon, 9/30/2013)

“Reps. George Miller and Sander Levin, the ranking members of the House Committees on Education and the Workforce and Ways and Means, respectively, in July declared themselves ‘deeply disappointed’ that rather than joining the labor-backed accord, Wal-Mart and company ‘have announced a competing program that borrows the rhetoric of the Accord but not its critical elements.’ They charged that ‘the primary purpose of the Alliance appears to be to limit the retailers’ liability – and therefore their responsibility – in ways that the Accord would not.'”

 

Walmart Foundation gets a new president (Who’s Minding the Store?, 10/2/2013)

“Under Burwell’s leadership, the Walmart Foundation’s activities were notoriously not purely philanthropic. In fact, the Foundation wielded its largesse as a tool in supporting Walmart’s business goals. Indeed, as The Nation reported last February: ‘Under the leadership of Sylvia Mathews Burwell, the Walmart Foundation used generous gifts to grease the way for store expansions’…With McLaughlin in charge, will the Foundation’s ‘philanthropy’ continue down the same cynical path Burwell laid out?”

What do you think?