Retail Detail. Wal-Mart Expanding in Chicago

June 23, 2010 • Shopping

Wal-Mart: Big, Cheap, Charitable.

Here's an interesting bit of news for all Chicagoans who feel like they've been missing out on "roll-backs." Wal-Mart has launched a long-term initiative, dubbed the
Chicago Community Investment Partnership, which says within five
years it would seek to open more stores within the city. Chicagoans have virtually no options of getting to the superstore without trekking out to the suburbs and the company looks to remedy that, especially for low income communities within the city. But the placement of the stores is not just for convenience sake—in addition to positions
within the stores and organization, the new stores will create about 2,000 unionized
construction jobs
to help decrease the city’s 11.4 percent unemployment

Anthony Beale
, an
alderman in Chicago’s ninth ward, said, “Our city is facing a number of
challenges, but most of all, we need good jobs. There is a growing
divide between the ‘haves’ and ‘have-nots’ and this initiative has the
potential to begin to level the playing field for all Chicagoans.” Hank Mullany, executive vice president and president
of the Wal-Mart North unit of Wal-Mart U.S., replied, "While our goals are
dependent on our ability to site and build stores in a timely fashion,
we remain confident that we can make a real difference to Chicagoans in
need of a job
and those who seek more convenient access to fresh,
affordable food, especially those living in the city’s under served

Wal-Mart said the
Wal-Mart Foundation plans to commit $20 million over the next five
years for programs designed to eradicate hunger and curb youth violence. About 1.2 million meals
will be donated to Chicago residents
annually, beginning with 200,000
meals for children this summer.

Article Source: WWD
Photo Source:
-Alia Rajput

See the Top Ten Summer 2016 Trends for Women Over 40

Tags: , , , , , , ,

Leave a Reply