Those who ventured out shopping in the early morning hours today, or late night hours Thursday, may have run into a picket line or protest at their local Walmart. In fact, even people in Milwaukee who opted to stay at home and skip the Black Friday frenzy may have received wind about the scattered strikes and demonstrations outside of the some of the big box retailer's stores. It has now been reported that the protests did not affect Walmart's bottom line much, however the media coverage of the events has shined a spotlight on several employment law issues.
Wal-Mart Stores, Inc. is having a tough time right now. Exxon-Mobile just bumped the mega-retailer from first place on the Fortune 500 list of revenue-generating U.S. companies. The company is facing allegations of bribing foreign government officials and may soon be hit with a related shareholder suit. With all of this, corporate leaders must have been relieved last week to settle a wage and hour claim brought by the U.S. Department of Labor.