Wal-Mart and H&M Pay $200,000 to Cambodian Workers in Historic Settlement
When tales emerge from the retail supply chain, they're usually tragic, like the alleged sweatshop conditions at the Foxconn (HKG:2038) plants that churn out Apple (NASDAQ:AAPL) products, or the 112 Bangladeshi workers who died when their factory, where clothes for Wal-Mart (NYSE:WMT), Sears Holdings (NASDAQ:SHLD), and Disney (NYSE:DIS) were made, burned to the ground. But workers at one factory in the developing world appear, at least, to have a happy ending. For two months, around 200 garment workers have been keeping vigil, day and night, outside their former factory in the Cambodian capital, which made clothes for Wal-Mart and H&M (PINK:HNNMY). The workers claimed that for four months their wages were inexplicably cut, before the owner closed the factory altogether -- with no notice, or severance. But their strike has ended in success, reports the advocacy group Warehouse Workers United. The Kingsland factory workers won over $200,000 in back pay. ...
