MBA students Jennifer Green and Timothy Seamans were among the eight teams participating in theWal-Mart Stores, Inc.'s first Better Living Business Plan Challenge on April 18th in Bentonville, Ark.
Their business, Generate Change, brings the change jar into the 21st century, automating small change giving at point-of-sale systems. Generate Change allows consumers and retailers to work together to Generate Change in their community, with the goal of ensuring that local nonprofits thrive in a world that needs them most in an environment that can be economically challenging.
Wal-Mart developed thecompetition to provide business students from around the world anopportunity to submit sustainable business plans, creating innovative solutions to today’s environmental and social challenges. Student teams presented their business plans to a panel of executives from Wal-Mart and other leading companies and non-governmental organizations. The team from University of Michigan's Ross School of Business and the School of Natural Resources and Environment won top honors.
"All of the students did a fantastic job developing their ideas and presenting them to a distinguished panel of judges," said Kim Saylors-Laster, vice president of energy for Wal-Mart.
About Wal-Mart Stores, Inc. (NYSE: WMT)
Wal-Mart Stores, Inc. operates Wal-Mart discount stores, Supercenters, Neighborhood Markets and Sam's Club locations in the United States. The Company operates in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico and the United Kingdom. The Company's securities are listed on the New York Stock Exchange under the symbol WMT. More information about Wal-Mart can be found by visiting http://www.walmartstores.com. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.
