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Wal-Mart Declined to Pay to Upgrade Bangladesh Factories

Paying suppliers more to cover safety improvements was too costly, exec said.

By Renee Dudley and Arun Devnath, Bloomberg | Updated on December 05, 2012

At a meeting convened in 2011 to boost safety at Bangladesh garment factories, Wal-Mart Stores Inc. made a call: paying suppliers more to help them upgrade their manufacturing facilities was too costly.

The comments from a Wal-Mart sourcing director appear in minutes of the meeting, which was attended by more than a dozen retailers including Gap Inc., Target Corp. and JC Penney Co.

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