Walmart Inc

Walmart, Sam’s Club and the Walmart Foundation Announce a Commitment of $100,000 for Midwest Flood Relief

BENTONVILLE, Ark.–(BUSINESS WIRE)–In response to the floods that have impacted Midwestern states including Iowa and Nebraska, Walmart, Sam’s Club and the Walmart Foundation have committed to provide $100,000 in support through cash and product donations. The commitment includes $50,000 in product donations to organizations providing support to impacted areas, and cash commitments of $50,000 to the Red Cross and United Way, which are providing relief services to affected communities. As part of this commitment, Walmart is also working closely with local officials and government entities to help meet the needs of those affected.

“The impact of these historic floods is affecting our associates, our customers and the communities we serve,” said Kyla Luckie, regional general manager for Walmart in Nebraska, Iowa and northeast Kansas. “In addition to cash donations, our local stores and distribution centers have been providing product to meet basic needs in the affected communities. We will also continue to work with non-profits, first responders, local officials and government organizations to identify needs and provide additional support.”

Walmart and Sam’s Club operate a total of 68 retail units, a distribution center and employ over 17,000 associates in Iowa. In Nebraska, the company has 47 retail units, a distribution center and more than 12,000 associates statewide.

Walmart has a long history of providing aid in times of disasters, helping communities prepare and recover by donating emergency supplies, such as food and water, home and personal products. In 2016, Walmart and the Walmart Foundation pledged $25 million in cash and in-kind donations to support disaster preparedness relief through 2020. Recognizing the unprecedented impact of disasters during 2017, Walmart and the Walmart Foundation have given well beyond the initial pledge, providing more than $38 million in 2017 alone.

 

Disclaimer: Kevin Surbaugh is an independent sales representative of Youngevity (YGYI) and is a shareholder in the publicly traded company.
He also has positions in Coca-Cola (KO), Berkshire-Hathaway (BRK.B); (BRK.A), and WalMart (WMT), but has no positions in any other stocks mentioned, and no plans to initiate any positions within the next 96 hours.

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