Wal-Mart Bangladesh fire News

Wal-Mart Says It Could Loan $50M to Bangladesh Factories for Workplace Safety

Wal-Mart Stores Inc. told investors on Thursday that it could provide up to $50 million in low-interest loans or other types of payments to Bangladesh factory owners for building improvements. The money is part of the more than $100 million …

Wal-Mart, Gap, Other U.S. Brands Ready $50M Bangladesh Safety Fund: WSJ

Gap Inc. and Wal-Mart Stores Inc. are among U.S. retailers finalizing an agreement to establish a $50 million, five-year fund to improve safety conditions in Bangladesh garment factories, the Wall Street Journal reported, citing a person familiar with the matter. …

After Bangladesh Fire, Wal-Mart Vows to Address Supply Chain Risks

A factory fire that killed more than 100 garment workers in Bangladesh has led the world’s largest retailer, Wal-Mart Stores Inc., to concede that it needs to do more to control its supply chain and keep unauthorized manufacturers out. In …