http://www.thestar.com/news/world/2013/04/26/bangladesh_factory_collapse_a_harrowing_survivors_story.html


> In April 2011, Wal-Mart officials decided at a meeting of retailers that
> the world’s biggest company by sales wouldn’t join an industry agreement to
> pay Bangladeshi factories a higher price so they could afford safety
> upgrades, Bloomberg reported in December. Neither did Gap Inc.
> “We are talking about 4,500 factories, and in most cases very extensive
> and costly modifications would need to be undertaken,” Wal-Mart said,
> according to minutes of the meeting. “It is not financially feasible for
> the brands to make such investments.” Net income at the Bentonville,
> Ark.-based company was $17 billion last year.
> In November, clothing bound for Wal-Mart and Sears was discovered in the
> ruins of a factory that caught fire, killing 112 people. Both companies
> have said suppliers used the factory without their permission and were
> fired.
> Wal-Mart is investigating its supply chain to see if a factory in Rana
> Plaza was producing for the company, Kevin Gardner, a spokesman, said
> Thursday in an emailed statement.
> “We are sorry to learn of this tragic event,” Gardner said. “We remain
> committed and are actively engaged in promoting stronger safety measures,
> and that work continues.”


-- 
Cheers,

Tom Walker (Sandwichman)
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