What Are the Problems That Wal-Mart Has Faced, and What Has the Company Done to Address Them

Wal-Mart Stores, Inc. , is an icon of American business. From small-town business to multinational, from hugely controversial to a leader in renewable energy, Wal-Mart has long been a lightning rod for news and criticism. With 2008 sales of over $405. 6 billion and more than two million employees worldwide, the world’s largest public corporation must carefully manage many different stakeholder relationships. It is a challenge that has sparked significant debate.Although Wal-Mart reportedly can save the average family $3,200 annually, the company has historically received plenty of criticism regarding its treatment of employees, suppliers, and economic impacts on communities. Feminists, activists, and labor union leaders have all voiced their beliefs that Wal-Mart has engaged in misconduct in order to provide low prices. However, Wal-Mart has been turning over a new leaf. New emphases on diversity, charitable giving, and sustainability have contributed to Wal-Mart’s revitalized image.The story of Wal-Mart and its low prices includes both positive and negative impacts on society.

t Are the Problems That Wal-Mart Has Faced, and What Has the Company Done to Address Them