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Walmart tops list of charitable givers
No company gave more money and products to charity in 2011 than Walmart, according to The Chronicle of Philanthropy’s annual ranking.
The publication put Walmart at the top of its list of the 10 most charitable companies, indicating that the company donated $342 million in cash and $616 million in products last year. That is the equivalent of 4.1% of the company’s 2010 pretax profits.
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We’re all in this together
Walmart and mom-and-pop retailers are usually at odds with one another, but the issue of credit card swipe fees has Walmart sharing common ground with independent pharmacists.
The National Community Pharmacists Association (NCPA), an organization representing 23,000 independent pharmacies, announced this week that it was rejecting a proposed settlement in the antitrust lawsuit involving Visa, MasterCard and several big name banks.