Gap and other companies in effort to support climate change legislation
Washington, D.C. More than a dozen leading U.S. corporations, including Gap, announced the launch of a new initiative to support Congressional action on clean energy and climate change legislation.
“Gap is taking action on climate change now — in fact, we have reduced our energy consumption by 20% over the past five years,” said Kindley Walsh Lawlor, senior director, global responsibility, Gap. “While we have more work to do to lessen our impact, we also believe collaboration is key to making positive, sustainable change. That’s why we’re pleased to be standing among forward-thinking businesses that support climate and energy policy in the United States.”
The goal of the new group, called American Businesses for Clean Energy, is to offer a platform for leading U.S. businesses to express their support for meaningful and effective legislation that will drive clean technology innovation, create jobs, and address the threat of global climate change.
Target denies rumors of India unit sell-off
MINNEAPOLIS Target announced that it has no intentions to sell its captive center in Bangalore, India. The center employs about 2,100 people.
“Our captive center in Bangalore continues to be an important part of our long-term strategy and is highly integrated with our work and team in Minneapolis,” said Gregg Steinhafel, chairman, president and chief executive officer of Target. “We remain firmly committed to this Target team and are proud of the work they do. Recent rumors about a sale are ridiculous speculation.”
Turkeys and electronics, latest deals from Walmart
BENTONVILLE, Ark. Walmart’s latest holiday price cuts focus on Thanksgiving dinner and popular electronics.
Beginning Nov. 4, Walmart will feature select 12-pound turkeys for less than $5.
“We’re proving that we’re committed to helping moms afford the holidays in these tough economic times,” said Jack Sinclair, EVPgroceries, Walmart. “That’s why we’re offering incredible pricing on the turkey and all the fixings.”
Along with the $5 turkey, Walmart’s $20 Thanksgiving menu features three 11 to 15.5-ounce cans Green Giant vegetable, two 14-ounce cans Ocean Spray cranberry sauce, three 6-ounce boxes of Stove Top stuffing, one 5-pound bag of red potatoes, one 12-count package of Sara Lee dinner rolls and one 22-ounce pumpkin roll cake.
From Nov. 7 through Nov. 13, Walmart is offering deals on top electronics, including an HP Notebook for $298, a Panasonic 46-inch plasma HDTV for $788 and a Sony Blu-Ray player for $148.
“Each holiday season we focus on delivering a better price on quality entertainment and electronics, and this season is no different,” said Gary Severson, SVP entertainment for Walmart.