Tuesday, April 04, 2006

Evil Wal-Mart is at it again

Look what the evil people at Wal-Mart are up to now. How dare they want to revitalize drepressed areas and what kind of thoughtless company would try to create new jobs?

By MARCUS KABEL, Associated Press Writer

Wal-Mart Stores Inc., the world's largest retailer, said Tuesday it plans to build more than 50 stores in struggling communities over the next two years, as part of a goal to create between 15,000 and 25,000 jobs.

Wal-Mart said it will build the stores in neighborhoods with high crime or unemployment rates, on sites that are environmentally contaminated, or in vacant buildings or malls in need of revitalization.

The Bentonville, Ark., company said it expects many of the jobs will be in minority communities and could generate more than $100 million in state and local tax revenue. It already has over 1.3 million U.S. employees.

Wal-Mart already has plans to open between 335 and 370 new U.S. stores this year after 341 last year and has said it sees room for more than 1,500 additional stores in the United States in the coming years, on top of nearly 3,200 it already operates.

The retailer, which has stepped up efforts to burnish its reputation after mounting attacks, also will create 10 "Jobs and Opportunity Zones" around stores in troubled communities that will aim to bolster local businesses in those areas.

Click here to read the full story: Wal-Mart to Add Jobs in Struggling Areas - Yahoo! News


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