Walmart opponents have won a major victory: the supermarket backed out of entering the city of New York. This is a great victory for union members, opposed to the group from Bentonville, AR. (Ref. 120539)
Steven Restivo, Walmart’s senior director of community affairs, recently announced that the company was “unable to agree upon economic terms for a project in East New York.” The management was debating with Related Companies to anchor at Gateway II, the future mall. However, the talks were cut short and Shoprite, another supermarket chain, will be the mall’s flagship.
Walmart is huge: 2.2 million employees worldwide, 10,130 stores in 26 countries and annual sales over $460m. Obviously, it wan
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