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Incitatus

(5,317 posts)
36. Yes, and it's not exactly all coming from their profits.
Fri May 31, 2013, 02:27 AM
May 2013

NEW YORK — Wal-Mart Stores Inc. plans to significantly ramp up its donations to the nation's food banks to total $2 billion over the next five years, the retail giant said Wednesday.......

But the bulk of the donations will consist of more than 1.1 billion pounds of food that doesn't sell or can't be sold because it's close to expiration dates, for example. About half will be fresh fruit, vegetables, dairy and meat – items that food banks say they're seeing more demand for.


http://www.huffingtonpost.com/2010/05/12/walmart-to-invest-2-billi_n_573402.html

This isn't a program they are doing out of kindness and altruism, their business practices and employee treatment speak to those traits.

It's good that the needy will get some assistance, but I see this as a PR move to make them appear less evil despite the harm they do.

Maybe they are also getting a tax deduction for donating the food that they were going to have to throw away. idk

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Needs to lower the salary of it's CVD levels uponit7771 May 2013 #1
It wouldn't help jmowreader May 2013 #24
Great stories, but . . . aggiesal May 2013 #26
Thank you for showing the greed of the Walmart heirs brush May 2013 #28
You seriously do not understand the problem jmowreader May 2013 #31
I don't understand the problem? aggiesal May 2013 #33
In 2011 they made $419 billion in sales jmowreader May 2013 #34
OK, so let's go in a little deeper with those numbers. aggiesal May 2013 #44
Oh bull, how much do the Walton family take? There's plenty there for employee benefits. xtraxritical May 2013 #40
Want to know how to find out exactly how and what the CEO compensation is? (edited) A HERETIC I AM May 2013 #46
B-B-B-But you can sleep in your van in their parking lots!!! cliffordu May 2013 #2
With their wage rate, where else are you going to sleep? DotGone May 2013 #13
Jesus. Bet them laws don't apply cliffordu May 2013 #18
They run an ad xxqqqzme May 2013 #3
Yes, it would. And it's $2 billion over 5 years. Their sales are over 200 billion a year. Incitatus May 2013 #5
There's not much difference between the two jmowreader May 2013 #25
over 5 years? xxqqqzme May 2013 #35
Yes, and it's not exactly all coming from their profits. Incitatus May 2013 #36
They will manipulate the "cost" of their donations to create a larger write off xtraxritical May 2013 #41
I have walked into their stores twice in the US. I haven't bothered here in Canada. PDJane May 2013 #4
And the biggest beneficiaries probably sleep all day. moondust May 2013 #6
One is a drunk driver n2doc May 2013 #7
Well, maybe he couldn't afford a cab. Or a chauffer. denverbill May 2013 #20
It's not her first DUI n2doc May 2013 #23
Wont. Not cant. nt bunnies May 2013 #8
Come and tell the shareholders. Will meet on June 7, Bud Walton Arena, sinkingfeeling May 2013 #9
Is Elton on some kind of "Megarich Repuke Tour"? KamaAina May 2013 #10
Cut Elton John some slack - he's got 2 kids, 2 households and a husband to support! TheDebbieDee May 2013 #11
Never will shop there. I like Costco and the way they Rex May 2013 #12
Wal-Mart is a heinous organization. lark May 2013 #14
I saw a Walmart Ad that made me want to put my fist through my TV the other day. Initech May 2013 #15
2013 Billionaires Richest Women--Christy and Alice Walton antigop May 2013 #16
What's up with the brown fitted hat at the top? Jamaal510 May 2013 #17
It's an internet meme. Tafiti May 2013 #21
I haven't been inside one in years. SheilaT May 2013 #19
You have choices. Manifestor_of_Light May 2013 #22
THANK you for pointing that out! jmowreader May 2013 #27
Good point about Costco. Manifestor_of_Light May 2013 #29
Aldi is another mystery to me jmowreader May 2013 #30
Veal is cruelty. roody May 2013 #32
costco didn't make it easier for washington teens to get liquor, the stupid voters did. HiPointDem May 2013 #38
Costco wrote the initiative and poured buckets of money into the campaign jmowreader Jun 2013 #47
Costco *wrote* the initiative? gotta link? HiPointDem Jun 2013 #48
Yup... jmowreader Jun 2013 #50
+1. also has millions to fund every anti-union, anti-public-employees, anti-public-school HiPointDem May 2013 #37
I hate going in there, my wife loves them rl6214 May 2013 #39
They have a pretty shrewd business model... KansDem May 2013 #42
yes, they get a charitable deduction if it's the corporation doing the giving. if it's the walmart HiPointDem Jun 2013 #49
. blkmusclmachine May 2013 #43
Interesting statistic from Thom Hartmann yesterday. Cleita May 2013 #45
I fuking hate walmart! youd have to drag my dead body in there darkangel218 Jun 2013 #51
No argument here. k&r n/t Laelth Jun 2013 #52
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