AOL Money & Finance

Wal-Mart and Salvation Army join forces again

More

Wal-Mart Stores, Inc. (NYSE: WMT) will be fully supporting the Salvation Army this holiday season on the heels of last year's tremendously successful bell ringing campaign. If you've visited a Wal-Mart store this week, you've probably seen the bell ringers for the Salvation Army perched outside the entrance. Last year, over $30 million was raised outside nationwide Wal-Mart and Sam's Club stores.

Wal-Mart does receive a fair amount of flack in the media related to employee pay and benefits, but always seems to offset it here and there with notes of its charitable giving. Although this effort has little to do with Wal-Mart's effort beyond allowing bell ringers outside its stores, it's still admirable in the face of a politically correct population which believes every citizen (and non-citizen) should be treated equally in every possible way.

Do you support the Salvation Army when holiday time comes around, or do you argue that fifteen other needy organizations should be allowed to ring bells for donation as well? Wal-Mart CEO Lee Scott, love him or hate him, stated that "Our associates and customers, who are some of the most generous in the nation, have provided tremendous support to The Salvation Army over the years...we consider the organization to be one of our closest, most important partners, and all of us at Wal-Mart are looking forward to the sound of bells ringing at our stores and Clubs once again this season."

That's pretty straightforward and not surprising from a conservative-driven retail chain -- one that happens to the be largest in the country and world. But, my question to you as a consumer is this: do you support Wal-Mart's position here?

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 26, 2009: 10:36 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

WalletPop Headlines