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FAYETTEVILLE, Ark.--(Business Wire)--Sending a message to the Walmart heirs who control the company, a growing number of institutional investors, independent shareholders, analysts and advisors are raising concerns – and proposing changes – at Walmart’s annual shareholders meeting Friday.
Press release/statement
Walmart has grown from a single store in Rogers, Arkansas, into a massive American institution. It takes in more money per year than most countries produce in GDP. It employs 1.4 million people, or nearly 1 in 100 American workers. Its stores cover 1.1 billion square feet.
In the media
Danielle Kurtzleben
There was a lot of pomp and circumstance at Walmart's (WMT) shareholder meeting Friday. In the "pomp" department, over 20,000 of Walmart employees were treated to a star-studded spectacle featuring Pharrell, Robin Thicke, Florida Georgia Line, Sarah McLachlan and Harry Connick Jr., among others.
In the media
Aaron Task
There was a lot of pomp and circumstance at Walmart's (WMT) shareholder meeting Friday. In the "pomp" department, over 20,000 of Walmart employees were treated to a star-studded spectacle featuring Pharrell, Robin Thicke, Florida Georgia Line, Sarah McLachlan and Harry Connick Jr., among others.
In the media
Aaron Task
Proxy season is the magical time of year when shareholders cast their votes on corporate governance. Since 2011, the ‘Say on Pay’ provision of Dodd-Frank ensured those votes would include an up-or-down non-binding voice in executive compensation packages. If that sounds toothless, well, hardly
Blog
Catherine Ruetschlin
“Working moms” employed by the world's biggest retailer, Walmart, have walked off their jobs in a number of cities across the United States. Union organizers said employees walked picket lines Wednesday throughout the day in 20 cities including Tampa, Miami, Chicago, Milwaukee, Minneapolis, Los
In the media
All across the country, public services are increasingly outsourced to private contractors in the name of efficiency and cost savings. But a new report from the non-profit research group In the Public Interest (ITPI) shows that outsourcing public services hurts middle and working class communities
In the media
Mary Bottari
Under the banner of " Walmart moms," mothers who work at Walmart launched strikes in 20 cities across the United States on Wednesday to protest what they say are poverty wages and routine policies of retaliation against workers who organize. From Chicago to Pittsburgh to Miami, the mass actions were
In the media
Sarah Lazare
Walmart workers speaking at the company’s annual shareholder meeting in Bentonville, Arkansas, on Friday said the megastore’s staffing problems and poor pay were hurting the company’s image and contributing to lagging sales. Their statement comes after a week of rallies across the country by labor
In the media
Lisa De Bode
You’ve probably heard by now that a stunning 95 percent of the gains the United States economy has made in the years since the Great Recession have gone to the top 1 percent.
In the media
Elias Isquith