Discussion Of Target And Wal-Mart
TARGET > WAL-MART
Target Donates 3X more than WAL-MART
An advertisement on a local TV state from Wal-Mart bragging about giving $5/sec. Target gives $3.30/sec. That works out to $104,000,000 in donations for Target and $157,248,000 for Wal-Mart. Indexing that to total revenue, Target gives $1 for every $444 spent, while Wal-Mart gives $1 for every $1,425 spent. Target donates 3.2X more than WM, who donates less than 1/10 of 1% of its revenue.
A Substantial Number of Wal-Mart Associates earn far below the poverty line
In 2003, sales associates, the most common job in Wal-Mart, earned on average $8.23 an hour for annual wages of $13,861.The 2003 poverty line for a family of three was $15,260. ["Is Wal-Mart Too Powerful?", Business Week]
Wal-Mart can cover the cost of a dollar an hour wage increase by raising prices a half penny per dollar. For instance, a $2.00 pair of socks would then cost $2.01. This minimal increase would annually add up to $1,800 for each employee.......
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