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September 28, 2006

Wal-Mart Stores, Inc. Honored by Two Magazines Among the Top Companies for Diversity

Hispanic Business and Latin Business Magazines Praise the Retailer for Its Strong Commitment to Diversity.

Wal-Mart Stores


Wal-Mart Stores, Inc. (NYSE:WMT) has received accolades twice in a month for its commitment to diversity. Hispanic Business magazine named Wal-Mart among the "Top 50 Companies for Hispanics 2006," highlighting its multicultural workforce, its increasing relationships with minority suppliers and its support of education initiatives that help Hispanics. Latin Business magazine also included Wal-Mart in its "Corporate Diversity Honor Roll 2006," in recognition for its supplier development program, its efforts to help small businesses access capital and its philanthropic efforts.

Wal-Mart Stores


Photo: Wal-Mart's multi-level store at Main Street in White Plains, N.Y.

In recent years, Wal-Mart has been recognized for its continued dedication to diversity by various publications. In 2006, the company was among the Corporate 100 Best Places to Work for Latinos, Hispanic Magazine, Top U.S. Companies for Asian-Americans, Asian Enterprise; and Noteworthy Companies for Diversity, DiversityInc, among others.

Wal-Mart's suppliers development program has grown from $2 million to more than $4.2 billion spent annually with minority and woman-owned firms.

Wal-Mart embraces diversity and has a long tradition of supporting all cultures in all facets of its business. The company employs more than 225,000 African-Americans, 150,000 Hispanics and 815,000 females. Wal-Mart's 13- member board of directors includes two African-Americans, three females and two Hispanics.

Wal-Mart Stores, Inc. operates Wal-Mart discount stores, supercenters, Neighborhood Markets and SAM'S CLUB locations in the United States. The company has operations in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, South Korea and the United Kingdom.


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Edited & Posted by Surender Hastir | 11:22 AM | Link to this Post


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