Walmart bucks to benefit Brooklynites
Walmart has finally entered Brooklyn. Not as a superstore – thathas yet to be announced – but as a major donor to the city’s SummerYouth Employment Program.
The announcement of the $4 million donation and $1 millionfundraising pledge by the Walmart Foundation was made on Tuesday,July 5, at the Brownsville Recreation Center, near which the bigbox retailer is rumored to be considering opening a superstore.Mayor Michael Bloomberg presided over the press conference,answering questions on behalf of the retailer and thanking Walmartfor being a good corporate citizen by investing in our youngpeople and the future of our city.
Walmart’s donation will restore 3,400 summer jobs for youth thathad been cut from the annual program in the city’s budget. It isthe largest of 30 private-sector donations, which have been soughtby Bloomberg as a way to cushion the budget blow.