Broad National Coalition Launches Nationwide Campaign for Walmart to Lead Changes that Rebuild America.
Hundreds of Walmart workers , UFCW members, and community activists from across the nation rallied in front of the Walmart store at Baldwin Hills Crenshaw Thursday and released a set of proposals aimed at the US’s largest employer and retailer to help rebuild the American economy.
The group called on Walmart and the six Walton heirs who own a near majority control of the company to commit to improve workers’ lives, rebuild communities, guarantee workers’ rights, and elevate global and sustainable living standards.
The rally is the kick-off of a nationwide campaign for people to share their stories on the impact the company has had on our lives and our shared commitment to change Walmart. Go read and share your story at www.WalmartAt50.org.
Associates Challenge Walmart on Executive Pay
UFCW Local 1776 leaflet customers at opening of Walmart in Philadelphia
Four Walmart associates have introduced a shareholders resolution to place tougher standards on the company’s executive bonus pay. News of the resolution came at the same time the company disclosed CEO Mike Duke’s pay was $18.1 million in 2011.
Walmart’s current bonus structure gives management incentive to keep building new stores near existing stores, which drives down same-store sales, one of the most important indicators of health for a retail company. The resolution being offered by associates would require an annual review of incentives to determine if they are actually effective or hurting the company.
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