Walmart’s case clearly shows how to set in motion a virtuous cycle of economic growth.
<i>They defined consumer taste in the 20th century. They contributed to American soft power for decades. But today, these iconic brands no longer attract young Americans. Do they know how to bounce back?</i>
Last summer Americans were dumbfounded when they found out that the most "American-made" car of 2015 was a [Read more]
McDonald’s, Walmart and Target understand that increased wages also help the recovery.
Apple and Walmart might want to check their mirrors and their consciences before reaching for rocks to heave at Indiana and its citizens.
While austerity measures are being applied all over the West, in the United States, Wal-Mart is breaking ranks by offering 500,000 of its employees a wage increase. Over 40 percent of the American giant's employees will see their minimum hourly wages increase to $9 in April, and they will increase to $10 on Feb. 1, [Read more]
When Walmart does it, this is no longer a single eccentric executive: it is corporate America shaking hands with Prof Piketty.
I went to bed last night with this question: Why would a mother, accompanied by her children and other members of her family, ever feel the need to put a loaded gun in her handbag to go shopping in a Wal-Mart in an Idaho region best known for its potatoes? This morning, I read this more or less satisfying response, [Read more]