1,600 Wal-Mart (NYSE:WMT) Stores Face Protesters in the U.S
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Wal-Mart Inc. (NYSE:WMT) employees have been protesting since the last two years across America and this year is no exception. Protesters are demanding full-time work on regular basis and also want to get $15 per hour as the minimum wage.
As per a press release presented by the United Food and Commercial Workers Union and a group of Wal-Mart(NYSE:WMT)employees known as OUR Wal-Mart(NYSE:WMT), around 1,600 Wal-Mart stores (NYSE:WMT) around U.S face strikes and protests this year.
Wal-Mart’s (NYSE:WMT) new location, which just opened up in Washington D.C recently saw a strike on Wednesday, is ongoing even today. According to a recent count, Wal-Mart (NYSE:WMT) has around 3,400 supercenters in America, there are 474 Sam’s Club discount stores and 475 are neighbourhood stores with smaller setups.
Michael Simon at Eat Drink Politics conducted a survey recently, which showed that around 88% of food bank customers have salary of $25,000 per year. As per Simon around 825,000 of Wal-Mart(NYSE:WMT)’s 1.4 million American employees income is even less than $25,000 per year. The Wal-Mart (NYSE:WMT) employees that protest around various locations across U.S have put forward a demand that all of the company’s full-time employees earn at least $25,000 a year if not more, and that the company should alter its policies by converting its part-time workers to full-time with set schedules.
Not only Walt-mart(NYSE:WMT) workers but the community members of the area who are in support of the cause are presuming hunger strike in front of the Wal-Mart(NYSE:WMT) store in Las Angeles. Employees of Wal-Mart (NYSE:WMT) as well as the people who are supporting them are distributing bags containing coal to Wal-Mart (NYSE:WMT).
Wal-Mart (NYSE:WMT) is a huge company and according to a press release of the company,y more than 22 million people went to Wal-Mart (NYSE:WMT) stores on Thanksgiving. Wal-Mart (NYSE:WMT) said that the online sales this Thanksgiving were close to the company’s best ever sales which took place on Cyber Monday last year.
With the popularity of the store and the money that the company makes throughout the year in general and during holiday season in particular, it is only fair that its employees seek better income rates and working hours. It has been a 3rd consecutive year that the Wal-Mart (NYSE:WMT) employees have carried out the protests with the same demands and the company has still not accepted them. Wal-Mart(NYSE:WMT) is really busy during holidays and the season of sales and the company’s employees work really hard during the time. The employees have complained that their wages are so low that it puts them below the poverty line which is not fair especially when the company itself is making more than $16 billion in profit every year. Wal-Mart(NYSE:WMT) employees earn $8 or $9 per hour and the want this amount to be raised up to at least $15 per hour. Whether Wal-Mart (NYSE:WMT) employees will be successful in getting their demands met this year or not is yet to be seen.