Walmart Opts Out of Safety Agreement

The agreement on worker safety and building regulations in Bangladesh intended to prevent disasters like the factory fire in November and the factory collapse earlier this month will be missing one major retailer: Walmart. Even though major names like H&M, Zara, Primark, Tesco, Sainsbury’s, and more signed the agreement, Walmart opted out, saying that the deal was “unnecessary to achieve fire and safety goals.” Instead, the retail giant created its own agreement, which it claims goes above and beyond the regulations outlined in the current deal. The difference: Walmart’s manifesto is not legally binding.