Companies and Brands
Wal-Mart Calling for Higher Minimum Wage?
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Wal-Mart (WMT) issued a press release today calling for support in a minimum wage increase, and even disclosed that Lee Scott had called for a hike in the minimum wage in October 2005. Wal-Mart is trying to convey a "freindlier them" with this statement, particularly if you consider it is on the back of that recent new ad campaign (which I said seemed too late and trying not to seem too empty-hearted).
It is still suspect and they still need to not only make these positive PR ploys, they need to focus on doing more fun things publicly and then they need to make their shopping experience more fun and more palatable. That will be a start, and maybe Lee Scott and company made "making a nicer and less dogmatic impression" part of their new years resolutions. I am still under the impression that this is too little too late, but if he can keep it up he might actually save his own job and might even get to come off 24/7 Wall St.’s 10 CEO’s that need to go list. If they will stop changing work schedules and the like it would help, because they are the most scrutinized company in America. We’ll see.
Jon C. Ogg
January 10, 2007
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