Wal-Mart Names 9 Cities for Jobs Plan
Salon.com | News Wires: "Wal-Mart Stores Inc. announced Monday its plans for nine stores in areas in need of economic revitalization and said it will use those stores to help other businesses in the area develop.
'We're looking at working families that need us the most,' Menzer said. 'That's where we want to go.'
In April, Wal-Mart Chief Executive Lee Scott said the company planned to build 50 stores in areas with high crime or high unemployment. At the store on Chicago's west side and at the nine identified Monday, Wal-Mart will offer advertising to the other businesses in local newspapers and through the in-house audio feed in Wal-Mart stores.
At each of the 10 stores, five small businesses will be picked each quarter for the special treatment, the ultimate focus of which will be 'how to take advantage of having a Wal-Mart in your market,' Menzer said."
(Via Salon.)