Written by Marketing Intern Caroline Howell
Wal-Mart, the 18th biggest corporation in the world, is known for its incomparably low prices and massive department and warehouse. To many Americans’ surprise, New York City hasn’t allowed Wal-Mart into its vicinities. The superstore has been trying for years to open shop in New York City with little success, but that could be changing very soon.
Wal-Mart has donated $5 million to New York City’s Summer Youth Employment Program. The program helps provide summer jobs for many of the city’s low-income teenagers. Wal-Mart’s contribution has created the largest amount of jobs that the program has ever seen from single donor.
This isn’t Wal-Mart’s first donation to the city, according to their website, “Referring to the almost $13 million donated to city programs in the last four years alone, Wal-mart’s own Steven Restivo, National Director of Community Affairs, summed it up best by describing the donation as “a continuation of what our foundation has done over the past several years.” Wal-Mart goal for this summer is to create 3,400 jobs that help provide education on career choices, life skills, health and financial literacy.
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