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Sorry, Bernie: Walmart Says Higher Wages Are Motivating Workersothi

m.knox

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Aug 20, 2003
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Nothing like a positive Walmart article to get the libs panties in a bunch....

http://fortune.com/2016/03/16/walmart-wages/?xid=yahoo_fortune&ref=yfp

Walmart’s WMT -0.15% decision to offer higher wages last year is paying off, according to the retailer’s finance chief.

Last year, the retail giant said it would spend about $2.7 billion on higher wages for hundreds of thousands of workers at its U.S. stores in 2015 and 2016. The move was part of an effort to improve customer service and keep good workers in a tightening job market at a time when working in stores is getting more involved.

Walmart has now reported six straight quarters of comparable sales growth, and five straight quarters of shopper traffic increases.
 
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