Tuesday, October 25, 2005

Walmart to spend $500 million on technologies to improve environmental practices

$500 million is 5% of their annual $10 billion profits. But that's still a lot of money. Supposedly it will help the bottom line by reducing operating costs. It's hard to believe that improving their public appearance doesn't greatly factor in, but it's still a step in the right direction.

I'm not sayin' I love Walmart now or anything.

I'm just sayin'.

Comments:
There's plenty of extra profit to go around when you spend so little money on your workforce. Perhaps that 500 million would be better spent on the welfare of the people who generate that revenue. Am I way off track here? What would tonkin say?
 
True, but that's a different topic altogether.
 
is it really though? IS IT?
 
Perhaps it's a point to be considered in the topic of Wal-Mart's "good deeds."
 
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