Subscribe Register Login

Tuesday, July 29, 2014, 8:14 a.m.
Top Picks - Capture Arkansas

Wal-Mart pressured to name suppliers after deadly factory blaze

By RENEE DUDLEY Bloomberg News

This article was published January 9, 2013 at 8:42 a.m.

Wal-Mart Stores Inc. is under increasing pressure from investors and labor-rights groups to name its garment suppliers after a fire in Bangladesh killed more than 100 people at a factory that made its clothes.

Proponents say public disclosure of supply chains — a move made by Nike Inc. and other retailers in recent years — encourages accountability that leads to factory improvements in countries where unsafe conditions are widespread.

After the blaze at the Tazreen Design Ltd. factory Nov. 24, labor-rights organizations have called on Wal-Mart and other companies to take more direct responsibility for the suppliers and factories that make their garments. Wal-Mart maintains low costs in part by “turning a blind eye” to the conditions and safety of workers around the globe, according to John Liu, the New York City comptroller.

Liu is a trustee and investment adviser to the New York City Public Pension Funds, which holds about 4.9 million Wal-Mart shares, an investment of about $337 million.

“As a corporate policy, we don’t discuss our supplier relationships,” Kevin Gardner, a spokesman for Bentonville-based Wal-Mart, said in an e-mail.

Wal-Mart, the world’s largest retailer, has more than 100,000 suppliers, according to its website.

Comments on: Wal-Mart pressured to name suppliers after deadly factory blaze

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

Displaying 1 - 1 of 1 total comment

HOTDEMN says... January 9, 2013 at 1:34 p.m.

the suspects were described as..............RICH WHITE GUYS !!!

( | suggest removal )

  • page
  • 1
Click here to make a comment

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

TOP JOBS

  • Math teacher

    High SchoolThe Cedar Ridge School District is accepting appl...
    NEWARK, AR

  • Dietary aide

    dietary aidenow taking applications for Saturday & Sunday 6a...
    NORTH LITTLE ROCK, AR

  • Billing/collections coordinator

    Living Hope Southeast Now hiring a for the Little Rock Offi...
    Little Rock, AR

  • Sales rep

    fairfield bay area need a fulltime salesperson in russellvi...
    Little Rock, AR

  • Sales

    pine bluff, batesville, hot springs areas need one fulltime ...
    Pine Bluff, AR

Search 893 jobs >

Top Picks - Capture Arkansas
Arkansas Online