BENTONVILLE, Ark., Sept. 1 /PRNewswire-FirstCall/ -- Following President
Bush's announcement today that former Presidents Bush and Clinton will lead a
nationwide fundraising effort to help the victims of Hurricane Katrina, Wal-
Mart President and CEO Lee Scott contacted President Clinton and the White
House and committed $15 million from Wal-Mart to jump-start the effort.
As part of this commitment, Wal-Mart will establish mini-Wal-Mart stores
in areas impacted by the hurricane. Items such as clothing, diapers, baby
wipes, food, formula, toothbrushes, bedding and water will be given out free
of charge to those with a demonstrated need.
Wal-Mart previously donated $2 million in cash to aid emergency relief
efforts and has been collecting contributions at its 3,800 stores and CLUBS,
and through its web sites [www.walmartfacts.com, walmart.com,
walmartfoundation.org, walmartstores.com, samsclub.com].
Through its Associate Disaster Relief Fund, the company will also give
displaced associates immediate funds for shelter, food, clothing and other
necessities.
Wal-Mart Stores, Inc. operates Wal-Mart Stores, Supercenters, Neighborhood
Markets and SAM'S CLUBS in all fifty states. Internationally, the company
operates in Puerto Rico, Canada, China, Mexico, Brazil, Germany, United
Kingdom, Argentina and South Korea. The company's securities are listed on
the New York and Pacific stock exchanges under the symbol WMT. |
