retail news in context, analysis with attitude

Climate Home reports that at the World Economic Forum in Davos, Switzerland, Walmart CEO Doug McMillon derided climate change skeptics and said that addressing its challenges have been good for business.

“At Walmart, we are very familiar with skepticism,” he said. “It’s got to a point where we just ignore it. Doing the right thing is good for business. Where the population is not like-minded it doesn’t matter. The decisions behind the scenes improve the products we’re making.”

The story notes that Walmart "was among 114 major companies committing to science-based targets at a UN summit in Paris, where 195 countries struck a landmark climate pact.

"Critics say it has not lived up to previous green promises, however. A 2013 report by the Institute for Local Self-Reliance found its emissions had risen over the previous decade and it was more carbon intensive than competing chains. Defending its record, the company pointed out its emission rose 10% from 2005 to 2011, slower than sales growth at 44%, showing improved efficiency."

Fortune reports that as Walmart closes more than 250 stores around the world and starts to merge its technology and e-commerce businesses as it looks to compete more effectively online, it has become "one of the top companies posting jobs for software developers for applications ... Wal-Mart would love to chip away at Amazon’s online retail dominance, and attracting top-shelf software developer talent–especially coaxing that talent from Amazon–would be a big step toward doing that."
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