Wal-Mart Stores Inc. pledged to double the products it purchases from women-owned businesses to USD20 billion and to fund more than USD100 million in grants to train women workers around the world as part of a new public-relations campaign.
The world’s largest retailer, which came under fire in a huge lawsuit alleging that it systematically paid and promoted women less than men, said it wanted to empower women as part of a broader effort to make Walmart more socially responsible. The class-action lawsuit against Walmart was rejected by the US Supreme Court earlier this year, but individual suits can go forward.
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(Source: The Wall Street Journal Online )