Saturday 11 May 2013

WAL-MART DEDICATES $16 MILLION TO FOOD SAFETY IN CHINA


Food Product Design reported yesterday about Wal-Mart's social conscience and food safety.

BENTONVILLE, Ark.—Wal-Mart Stores Inc. is investing $16.3 million in its China-based stores to bolster food safety, according to news reports.

Over the next three years, Wal-Mart plans to use the funds to expand food inspection, supplier training and supply-chain management, The Wall Street Journal reported Thursday, citing a statement from Wal-Mart.

The retail giant has faced criticism in China over its food-safety record. Last year, for instance, the Beijing Food Safety Administration cited the company for selling sesame oil and squid with hazardous levels of chemicals, according to Bloomberg News, which also reported on Wal-Mart's planned investment.

The investment was announced amid a more recent hullabaloo over Wal-Mart's food-safety practices. Officials in one Chinese city have accused the company of using expired eggs in baked goods sold to consumers, the Journal said, citing a report Wednesday in China's state-run Xinhua news agency.

Last month, the Journal reported that Wal-Mart plans to remodel 50 stores in China and open 30 new stores in the country this year.


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