Corporate Responsibility

Walmart Vice President of U.S. Manufacturing Cindi Marsiglio is scheduled to provide an update on the retailer’s $250 billion domestic sourcing commitment at an event later this month.

Marsiglio is scheduled to speak at 7 a.m., March 19, at an event sponsored by Doing Business in Bentonville at the John Q Hammons Center in Rogers, Ark. The organization, known as DBB locally, regularly holds events at which top Walmart executives share updates and insights on key initiatives and working effectively with the company.

Small business customers are the lifeblood of Sam’s Club and to ensure the continued vitality of the crucial shopper segment the retailer is supporting an entrepreneurial youth organization.

Sam’s donated $250,000 to the U.S. Chamber of Commerce Foundation (USCCF) and the Young Entrepreneurs Academy (YEA!) to grow and support YEA!’s national educational program that works to transform middle and high school students into confident entrepreneurs.

Kmart and Best Buy are among the retailers that helped St. Jude’s Hospital raise more than $100 million for the second year in a row.

Kmart led all fundraising for St. Jude’s once again at $17.5 million, bringing its grand total to date to $76 million. Best Buy saw its campaign increase from nearly $1 million in 2013 to $9.7 million.

When Lumber Liquidators executives talked about earnings in a conference call last week, they alluded to an upcoming "60 Minutes" investigation of the company's business practices. Turns out, the CBS report was a lot more damning than some analysts expected.

The company's shares tumbled drastically on Monday, with the stock price falling more than 24%.

Jo-Ann Fabric and Craft Stores is aiming to attract more families with a new corporate giving campaign.

The fabric and craft specialty retailer announced that Boys & Girls Clubs of America will be a major recipient of Jo-Ann corporate giving in 2015. To help inspire young minds, customers will be able to purchase a “pin-up” upon checkout to benefit the organization from March 1 through April 4 at all Jo-Ann stores nationwide.

Kohl’s is sponsoring a Milwaukee-area school grant program for the third year in a row.   The Kohl’s Cares Field Trip Grant Program gives more than $1 million in funding to schools throughout the metro-Milwaukee area.  

Washington, D.C. -- Walmart and the Walmart Foundation announce an initial investment of $16 million to seven national nonprofit organizations, as part of a new Opportunity initiative, a $100 million commitment to help increase the economic mobility of entry level workers in retail and adjacent sectors. The $100 million commitment was first announced last week by Walmart president and CEO Doug McMillon, in conjunction with the roll out of new opportunities and enhanced benefits for Walmart associates.

A week after announcing that it would boost wages for its employees, Walmart is stepping up again in a big way with a commitment to close the skills gap of entry level workers.

The Walmart Foundation is making an initial investment of $16 million to seven national nonprofits as part of the Opportunity initiative, a $100 million commitment to help increase the economic mobility of entry level workers in retail and adjacent sectors.

Walmart is all about leveraging its scale to drive performance, but the application of that mindset can play out in many different ways, as Kathleen McLaughlin, president of the Walmart Foundation, will explain on March 3.

Despite weak sales and possible criminal charges from the Department of Justice, Lumber Liquidators Inc. plans to keep its aggressive expansion plans in 2015