According to an article in the New York Times, in early 2015, Walmart received bad customer reviews:

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According to an article in the New York Times, in early 2015, Walmart received bad customer reviews: “They complained of dirty bathrooms, empty shelves, endless checkout lines and impossible-to-find employees.” Shortly thereafter, Walmart announced that it was changing its employment practice by, among other things, increasing wages. The article noted that a year and half later, “[Walmart store] managers describe a big shift in the kind of workers they can bring in by offering $10 an hour with a solid path to $15 an hour.” Wouldn’t raising wages from $10 per hour to $15 per hour reduce Walmart’s profit? Why would the company have adopted such a policy?

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Economics

ISBN: 978-0134738321

7th edition

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

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