FAYETTEVILLE, Ark. (AP) — Wal-Mart Stores Inc. opened its annual shareholders' meeting Friday with the typical fanfare, from singers to dancers, as it plans to make the case it is improving the way it does business overseas and outline new growth opportunities at its annual shareholder meeting Friday.
The world's largest retailer faces increasing scrutiny from investors over how it has handled allegations of bribery in its Mexican operations that surfaced a year ago. It also faces pressure to increase its oversight of factory conditions abroad following a building collapse in April in Bangladesh that killed more than 1,100 garment workers. The discounter, based in Bentonville, Ark., is also under scrutiny for how it treats its workers.
Those problems are happening as Wal-Mart Stores Inc. is wrestling with slower sales growth.
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