Saint Wal-Mart? Well, Let’s Look at the Record

Wal-Mart deserves the 2008 Nobel Peace Prize. And the Vatican may want to beatify the world’s largest retailer. CONSIDER THAT WAL-MART: Provides employment to 1.9 million people; the best defence against poverty is a job. Creates thousands of job opportunities for people in developing countries like China and India; this keeps hunger at bay in many households. Doles out hundreds of millions of dollars each year in dividends that help fund the retirement of millions of people; the company had sales in excess of $348 billion and a net profit of $11.3 billion in 2007. Sells food, clothing and other … Continue reading Saint Wal-Mart? Well, Let’s Look at the Record