Tag: Walmart

HSBC Bank USA has become Walmart’s first banking collaborator supporting its initiative to make access to working capital affordable, transparent and more equitable. The financing program, working with C2FO, provides certified diverse and minority suppliers with convenient and consistent access to reliable funding sources. The funding could in turn be applied to initiatives that spur growth and improve resiliency such as hiring more employees, investing in innovation, and creating a cash cushion for leaner times. This initiative supplements an existing HSBC and Walmart program that pegs a supplier’s financing rate to Walmart’s sustainability standards. Walmart suppliers who demonstrate progress in ... Read more

Today, Walmart announced all U.S. store locations will close for Thanksgiving Day, Nov. 25, as a ‘thank you’ to associates for their continued hard work during the pandemic. Associate Elizabeth Brown, a people lead from Store 5260 in Rogers, Arkansas, shared the exciting news before a crowd of approximately 1,000 associates during the retailer’s Associate Celebration meeting. This is the second year running that Walmart has closed stores on Thanksgiving Day to give time back to associates. Throughout the pandemic, Walmart has continued to place a heavy emphasis on the well-being of its associates. Recently, the company expanded access to ... Read more