On Thursday night, Wal-Mart Stores, Inc. (NYSE:WMT) has encounter a protest by union workers that the wages that are paid by the retailing giant is not enough, and they were demanding better wages. The protest against the retailer which was organized by a union activists, for better wages, in which over 50 protestors were arrested at the spot when they were protesting outside the retailer’s store in the Chinatown section of LA.
When police came at the spot and order the crowd of protestors to disperse, but the crowd does not obey the orders so all of them were taken into custody, however there is no other incident reported. And according to spokesman Detective Gus Villanueva for Police Department of Los Angeles, all of them would be held overnight if they sent $500 bail individually.
Staff director of County Federation of Labor, of Los Angeles, Glen Arnodo, the organization which organized the demonstration, said this act was did in order to draw attention of the company management towards this issue, he also added they are specifically pointing towards the retailer’s role in income inequality.
In a detail statement Mr. Arnodo said, the US retailer really epitomizes and perpetuates the uneven allocation of capital that the union have in US right now. He also added most of the peaceful protestors were mostly union members, such as nurses and teachers, as well as community activists and others.
Wal-Mart Stores, Inc spokesman Kory Lundberg has said that the company Los Angeles County store will still be open and have staff according to the requirement of the store. The protest does not affect the store business as it is headed towards busy Christmas shopping season.
He also added that none of the company staff member or the store worker has participated in the protest, as they understand the reality about working for the company. The company offers its associates with greater economic security for their family and additional opportunities for career growth, as compare to other companies in America. Wal-Mart Stores, Inc. (NYSE:WMT) share lowered -0.83% to $77.51 in last trading session.