Oakville Images

Oakville Beaver, 23 Feb 1994, p. 9

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

eb. 23, 1994 (Continued from page 7) orp. has called Walâ€"Mart‘s vendor er agreement one of the strictest d most comprehensive in the world. Q And this oneâ€""The company has en challenged under the Security d Exchange Commission for violatâ€" g legislation on hiring minorities nd women. No women are among e firm‘s 11 senior line executives." gain, not true! The facts are these: The SEC has ever brought action against Walâ€" ; in fact, the SEC supported Walâ€" art‘s position on this challenge from veral outside groups. Elizabeth anders is a member of our board of irectors and Suzanne Allford is one f six corporate senior viceâ€"presidents. Q Barlow and Patterson accuse us f predatory pricing. They‘re referring a recent lawsuit brought by three harmacies that charged Walâ€"Mart ith selling goods below cost. What arlow and Patterson neglect to menâ€" on is the fact that one of the pharmaâ€" ies admitted during the trial that his oss profits were more than $300,000 vhile another of the plaintiffs said that is salary actually increased since Valâ€"Mart opened in the town. Q Barlow and Patterson claim that |> _ Spring '( Arrlvals Women‘s Just Fun Just Arrived Cross Trainer Summer Shoes Reg. Up To 39.99 Ryka For Women Only Aerobic Step Shoes Shop early or best selection! Prices in effect until Feb. 26, 1994 for every job we create, 1.5 are lost. That‘s flatâ€"out wrong. The truth is that for every job we create in retail, more jobs are created in other sectors, not lost and those jobs are filled with local workers. On average, each store employs between 150 and 200 associâ€" ates and new store sites also create job opportunities in the local building and construction trades. We look forward to working with Canadian suppliers as we get our operations up and running. That means preserving and creating jobs in the Canadian manufacturing sector. Q Barlow and Patterson say that 60 per cent of our associates are restricted from fullâ€"time work. Wrong again. Seventy per cent of Walâ€"Mart‘s associâ€" ates work fullâ€"time and qualify for benefits like health insurance, life insurance and paid vacation. The vast majority of our U.S. associates qualify for profit sharing and all are eligible for our stock purâ€" chase plan. Walâ€"Mart pay is equal to or above what our regional competiâ€" tors pay. In fact, a recent article in The New York Times stated that Walâ€" Mart offers one of the best employâ€" ment packages in corporate America. Q Barlow and Patterson mock CGirls‘ Cross Trainer Just Arrived Women‘s Greatland Deck Shoes Men‘s, Women‘s Boys‘ Rawlings Cross 90 Trainel's . 49.99 59.99 TY Aerobic Step Shoes 8999 Deschutz II THE OAKVILLE BEAVER alâ€"Mart says it treats employees like its customers Walâ€"Mart‘s profitâ€"sharing plan. Walâ€" Mart‘s profitâ€"sharing plan is 100 per cent funded by the company and is designed to share the success of the company with our associates. Since the program began in 1972, more than $750â€"million has been paid out to associates. Even more important is that this program provides a true incentive for our associates to perform well, do their best and take real pride in their workâ€"in the truest sense they are comâ€" plete partners in the success of our company. Walâ€"Mart also offers assoâ€" ciates the option of purchasing stock with an economical, flexible plan and the company contributes 15 per cent to an associate‘s stock purchase. Walâ€" Mart believes in promoting from within. A substantial percentage of Walâ€"Mart management began their careers with the company as an hourly wage associate. Q Barlow and Patterson said part of Walâ€"Mart‘s overâ€"all business strateâ€" gy is to transfer all of its earnings each day to company headquarters in Arkansas. This is patently untrue and shows a complete misunderstanding of corporate finance. Q And last but not least, another distortion. Barlow and Patterson claim Walâ€"Mart has been the target of . a number of antiâ€"trust challenges as well as many lawsuits from manufacâ€" turers, local companies and municiâ€" palities. In our position as the Number 1 retailer in a litigious sociâ€" ety, Walâ€"Mart has been the target of relatively few lawsuits, which we have successfully defended. Women‘s Brazilia Leather Casuals Women‘s Greatland CGasual Hiking NO They‘re Here Nike Air RBoateo s 125 Cross Ave. Trafalgar Village 49"° So there you have itâ€"the truth about Walâ€"Martâ€"pure and simple. Walâ€"Mart is successful because our company‘s foundation is built on doing what‘s right. In fact, the late Sam Walton, our founder, said it best. He said that the way we treat our well, our customers will return again and again. And that‘s the simple truth. associates is exactly how the associâ€" ates will treat our customers. An if our associates treat our customers Don Shinkle is viceâ€"president of corpoâ€" rate affairs for Walâ€"Mart Stores Inc. 60+ SPOTLIGHT AT TRAFALGAR VILLAGE PLACE TRANSIT {fmee J | 1 g % 59 5Y Reg. ‘IOor 69° Blood Pressure Clinic 10 a.m.â€"2 p.m. Heart Shaped Treats/Draw for Dinner For 2 *«HEART STROKE FOUNDATION BINGO 2:00 P.M. Centre of the Mall Seniors‘ Discounts All Day Long 125 Cross Ave. ( Across from GO Station} Women‘s Aerosol 4 Colours To Choose From Men‘s Greatland Deck Shoes Reg. Women‘s Girls‘ Keds Casuals ATHLETES WORLD 125 Cross Ave. Thursday, February 24th Featuring Displays from: eVON (Victorian Order of Nurses) eSALT (Seniors And Law Enforcement Together) * INFORMATION OAKVILLE e COMMUNITY CAREGIVERS e SENACA SENIORS DAY PROGRAM o TODAY S SENIORS NEWSPAPER dices Vileg "your communlfy shopplng centre You‘ can take the Community Trafalgar Village For information call: 815â€"2020 49"° 49" 19" 69.99 24.99 New From Nike Air Edge Get Lighter Before You Work Out Come in and see all the new styles of shoes and clothes coming into Bata‘s Athletes World daily 845â€"0150

Powered by / Alimenté par VITA Toolkit
Privacy Policy