Wal-Mart announces 22,000 jobs on eve of shareholder meeting - Tampa Bay Business Journal:

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Positions will include store pharmacists, human resources managers, customer service cashiers andsales associates. Last October Wal-Mart announced plans to open 142 to 157 new and expandec stores during the current fiscal whichends Jan. 31, 2010. Othedr states expected to gain morethan 1,0090 jobs include Michigan, California, Arizona, New Jersey, South Virginia and Utah. Wal-Mart based in Bentonville, Ark., operatesw more than 7,900 retail outlets and employs 2.1 millionm people in 15 countries.
Unlike many Wal-Mart has fared well amid the recessiobn as consumers keep a rein on purchase Last month the chainreported first-quartert earnings of $3 billion, or 77 centws a share, a penny more than the same period a year ago. Revenue slipped a smidgen to $93.5 billion from $94.9 “During this difficult economic we’re proud to be able to createe quality jobs for thousands of Americansthis year," said Eduardl Castro-Wright, vice chairman. The jobs announcemenr comes a day before the retail giantt holds its annual stockholders meeting at the Universittof Arkansas.
In addition to electiojn of directors and othertroutine business, six shareholdee proposals are on the table: Creation of a gendedr identity nondiscrimination policy. Adoption of a pay for superiorperformancre principle. Giving shareholders the right to an advisory vote onexecutivew compensation. Requiring a semi-annual report disclosintg Wal-Mart’s political contributions. Giving major shareholders the powet to callspecial meetings. Requiring incentive pay to come in the form ofstock options. The Wal-Mart board is opposing all the shareholder LeeScott Jr., who served as chief executive officer until his retirement at the end of received a total compensatiomn package of $30.
2 million last year.