Poor Wal-Mart! On May 12, the retailer announced disappointing quarterly earnings, admitting that next quarter would probably fall below analysts' expectations as well. As a result, Wal-Mart's stock took yet another hit. Among other reasons, Wal-Mart blamed unseasonably cool weather--which makes no sense, given that Target did just fine. (Don't people also have to leave their houses to shop at Target?) Some retail experts now think that sex discrimination and other abuses may be beginning to affect consumers' shopping habits.
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Out of Reach
Liza Featherstone: As the cost of college hits the stratosphere, students are organizing to bring it down to earth.
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Help Wanted for Green Jobs
Liza Featherstone: It's inspiring to have a president who talks the talk on green-collar jobs. But we need megawatts, not just megawords.
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Andy Stern: Savior or Sellout?
Liza Featherstone: SEIU President Andy Stern heads one of the strongest unions in the country. Why is he so cozy with corporations?
All of this should lend momentum to the anti-Wal-Mart forces. The company is vulnerable and the time to press for change is now, before Wal-Mart hires smarter flacks who can stop it from, almost compulsively, screwing up. Democracy for America, the PAC inspired by Howard Dean's presidential bid, is taking a poll: Should it mobilize its forces in the growing campaign to "hold Wal-Mart accountable"? Vote here.
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