Thursday, October 23, 2008

Wal-Mart makes a move

Wal-Mart recently held a meeting in Beijing during which they discussed plans to improve saftey at their manufacturing locations.  In addition they will insist that factories producing goods for Wal-Mart follow strict safety regulations.  The best news was that they will put into place a way for goods to be tracked back to the location where they were made.  Also, food products will be tightly regulated.  This comes at a time when Wal-Mart and other retailers, plus the Chinese factories, are worried about consumer consumption and a drop off in the global market.

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