Wal-Mart Announces Multibillion Dollar Women’s Initiative
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Wal-Mart Stores Inc., the world’s largest retailer, today unveiled a multibillion-dollar women’s initiative, three months after winning dismissal of a gender-bias case from the U.S. Supreme Court.
The plan includes buying $20 billion of products from U.S. female-owned businesses in the next five years and training women to work in factories and retail around the globe. The world’s largest private employer also will provide more than $100 million in grants to non-profit organizations aiding women.