Tag Archives: walmart

Damning piece on Walmart bribery scandal in Mexico from @NYTimes http://ow.ly/arkym

22 Apr

It is rare to obtain this much evidence, of corruption this deep. Best snippets here, but read the full — utterly damning — piece from David Barstow:

he former executive described how Wal-Mart de Mexico had orchestrated a campaign of bribery to win market dominance. In its rush to build stores, he said, the company had paid bribes to obtain permits in virtually every corner of the country.

…..

Wal-Mart dispatched investigators to Mexico City, and within days they unearthed evidence of widespread bribery. They found a paper trail of hundreds of suspect payments totaling more than $24 million.

….

Primary responsibility for the investigation was then given to the general counsel of Wal-Mart de Mexico — a remarkable choice since the same general counsel was alleged to have authorized bribes.

The general counsel promptly exonerated his fellow Wal-Mart de Mexico executives.

Belated, but: Fun guest blog post up at @ChangeWalmart, check it out http://ow.ly/9Flhr

16 Mar

Heading off to talk Walmart vs. NYC w/ @MasseyDaniel and @BarryCLynn at 6:30! Be there! #AWE http://ow.ly/9fCaf

29 Feb

Join me, New America’s Barry Lynn and Crain’s New York Business reporter Danny Massey to talk about Walmart, food and New York City. We’ll have copies of The American Way of Eating for sale, too, compliments of Mobile Libris.

Walmart Vs. New York

Wednesday, February 29, 2012
6:30pm – 8:15pm

New America Foundation

199 Lafayette Street Suite 3B

New York, NY

Particularly timely given this fascinating new report from Food and Water Watch, Walmart Can’t Fix the Food System, out this morning. I had to skip the press event on Thursday(to, ahem, handle some press of my own — I am shocked to say that!) and haven’t had a chance to take a look yet, but will be addressing it on the panel!

TONIGHT: Hear me, @MasseyDaniel and Barry Lynn @NewAmericaNYC talk about Walmart vs. NYC. #FreeWINE #AWE http://ow.ly/9fCaf

29 Feb

Join me, New America’s Barry Lynn and Crain’s New York Business reporter Danny Massey to talk about Walmart, food and New York City.

Walmart Vs. New York

Wednesday, February 29, 2012
6:30pm – 8:15pm

New America Foundation

199 Lafayette Street Suite 3B

New York, NY

Particularly timely given this fascinating new report from Food and Water Watch, Walmart Can’t Fix the Food System. I had to skip the press event and haven’t had a chance to take a look yet, but will be addressing it on the panel!

Join me, @MasseyDaniel and Barry Lynn @NewAmericaNYC on Weds 2/29 to talk about Walmart vs. NYC. #AWE http://ow.ly/9fCaf

23 Feb

Join me, New America’s Barry Lynn and Crain’s New York Business reporter Danny Massey to talk about Walmart, food and New York City.

Walmart Vs. New York

Wednesday, February 29, 2012
6:30pm – 8:15pm

New America Foundation

199 Lafayette Street Suite 3B

New York, NY

Particularly timely given this fascinating new report from Food and Water Watch, Walmart Can’t Fix the Food System, out this morning. I had to skip the press event and haven’t had a chance to take a look yet, but will be addressing it on the panel!

post-holiday catchup: Walmart in NYC

26 Dec

In the crushing buildup to the holiday, I nearly missed this scuffle in New York over Walmart’s ongoing effort to open stores in the city.

Manhattan Borough President Scott M. Stringer released a report a couple weeks ago suggesting that adding a Walmart to Harlem would force local businesses to close. That’s a reasonable fear, given the company’s track record, but the report relied heavily on a similarly themed and widely-questioned report from Chicago—and one of the authors, called to testify before NYC’s City Council, had to admit that there was ultimately no net job loss. (No clear word on whether people just ended up working at Walmart instead of other food stores, and what happened to their wages and work hours.)

I think there’s a more interesting question to ask: What if Walmart’s prices aren’t always lower? I’ve been interested in the emerging body of research looking at what happens to food prices over time when Walmart comes to town. Most studies rely on snapshots, collecting prices from stores over a one- or two-week period; in those, Walmart usually wins on average (though not on everything, particularly produce). But it’s important to ask what happens over time.

Researchers in Wisconsin found that when Walmart (or other supercenters) opened up shop, prices didn’t go down over time. But as other stores closed shop, reducing competition, prices went up. So it’s worth asking: Say we let Walmart open up. Even if the overall number of jobs doesn’t drop, what incentive do they have to