At a meeting convened in 2011 to boost safety at Bangladeshgarment factories, Wal-Mart Stores Inc. made a call: payingsuppliers more to help them upgrade their manufacturing facilitieswas too costly.

The comments from a Wal-Mart sourcing director appear in minutesof the meeting, which was attended by more than a dozen retailersincluding Gap Inc., Target Corp. and JC Penney Co.

Details of the meeting have emerged after a fire at a Bangladeshfactory that made clothes for Wal-Mart and Sears Holdings Corp.killed more than 100 people last month. The blaze has renewedpressure on companies to improve working conditions in Bangladesh,where more than 700 garment workers have died since 2005, accordingto the International Labor Rights Forum, a Washington-basedadvocacy group.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.