Heavy Hitters: Wal-Mart Goes Green, Apple Reaches New Deal in Japan
Wal-Mart (NYSE:WMT) attracted attention after announcing a “green” plan. The retailer is responding to health and environmental advocates’ requests to eventually eliminate 10 potentially toxic chemicals from its stores’ products. According to USA Today, Wal-Mart announced its decision Thursday, assuaging many health and environmental groups that expected an unwillingness to cooperate from the retailer. Since Wal-Mart maintains such a significant presence in the retail industry, advocates believe that the company’s participation in the chemical-elimination effort will help pressure and encourage other retailers to follow suit.