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Tag: Wal-Mart

Wal-Mart Nixed Paying Bangladesh Suppliers to Fight Fire

By Renee Dudley & Arun Devnath – Dec 5, 2012 Bloomberg

Abir Abdullah
People try to put out a fire at Sir Denim Limited garment factory in Mollartek, Dokkinkhan, outside Dhaka, Bangladesh, on Nov. 26, 2012.

At a meeting convened in 2011 to boost safety at Bangladesh garment factories, Wal-Mart Stores Inc. (WMT) made a call: paying suppliers more to help them upgrade their manufacturing facilities was too costly. 

Low cost jeans are displayed at a discount clothing store in New York City. Photographer: Spencer Platt/Getty Images

The comments from a Wal-Mart sourcing director appear in minutes of the meeting, which was attended by more than a dozen retailers including Gap Inc. (GPS), Target Corp. and JC Penney Co.