💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Obama Takes Flak For Wal-Mart Appearance

Published 05/09/2014, 12:53 PM
Updated 05/09/2014, 02:00 PM
Obama Takes Flak For Wal-Mart Appearance
WMT
-

By Christopher Zara - U.S. President Barack Obama is hawking green, and American retail workers are seeing red.

Labor advocates are calling on the president to prove his stated commitment to income inequality and climate action by challenging Wal-Mart Stores Inc (NYSE:WMT) at a scheduled store appearance in Mountain View, California, on Friday.

© Reuters. President Obama appeared at a Walmart to tout new environmental initiatives.

The president appeared at the Wal-Mart location to tout the progress his administration has made in energy efficiency, including solar-power commitments from more than 300 companies and state and local governments. But critics are saying the president’s message is lost amid the backdrop of the world’s largest retailer -- long condemned by labor advocates for its low wages and nonunion workplaces, and by environmentalists for its carbon footprint.

A rally was underway Friday morning, organized by the United Food & Commercial Workers International Union and the group OUR Walmart, an advocacy organization for Wal-Mart’s hourly employees. According to some Twitter posts, protesters gathering near the location are being kept away from the building.

Pam Ramos, who has worked at the Mountain View location for four years, wrote an op-ed at Salon.com, explaining that she brings home $400 every two weeks -- not enough to pay her bills -- and is not given the opportunity to work more than 32 hours per week. “I wanted to tell the president what it’s like working -- and living -- like this,” Ramos wrote.

Ramos also expressed regret that she would not be able say this to the president personally, as the store was shut down hours before the appearance.

According to the White House, the Walmart location was chosen because Wal-Mart Stores Inc. (NYSE:WMT), headquartered in Bentonville, Arkansas, has committed to doubling the number of its solar-energy projects. But environmental groups say that’s little more than a smokescreen of “greenwashing,” a term applied to marketing spin used by companies that gloss over their immense footprint with hollow initiatives that do little environmental good. Last month, the Green Life Online released a report in which it named Walmart “Greenwasher of the Year.”

“Wal-Mart’s own data show that its operations have become vastly more polluting in the last few years, even as the company has touted itself as an environmental leader,” Stacy Mitchell, a senior researcher for the Institute for Local Self-Reliance, said in a statement at the time.

At Friday’s rally, UFCW and OUR Walmart plan to call on the president to challenge Wal-Mart to “reduce its greenhouse gas emissions, support an increase to the minimum wage, and stand up for workers who are struggling to get by on the retailer’s poverty wages.” The groups posted an open letter to the president here.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.