June 5, 2019
ROGERS, Ark. (Reuters) – Democratic U.S. presidential hopeful Bernie Sanders said Walmart Inc <WMT.N> should increase wages for its workers and stop fueling income inequality in the country.
Speaking at Walmart’s shareholder meeting on Wednesday, the U.S. senator said: “Despite the incredible wealth of Walmart’s owners” the company pays “starvation wages.”
He presented a shareholder proposal at the event asking the world’s largest retailer to give its hourly employees a seat on its board and pressed the company to raise base wages to $15 an hour for its hourly workforce.
(Reporting by Nandita Bose in Rogers, Arkansas; Editing by Howard Goller)