Supporting Walmart’s Opportunity Initiative, Grant Aims to Enhance
Economic Mobility for Retail Workers
Today, the Walmart Foundation and the Aspen Institute announced a $5.5
million grant to explore business models designed to support workers and
sustain a thriving retail industry. The Aspen Institute, known for
pioneering new approaches to complex problems, will combine key
learnings from a number of its programs with the goal of building a
system where retail workers can gain skills and achieve upward mobility.
According to the National Retail Federation, the retail industry
supports one in four American jobs, for a total of 42 million jobs, with
future growth anticipated. The Walmart Foundation and Aspen Institute
are working together to outline clear paths for retail worker
advancement, clarify models for workers to transition to adjacent
sectors, and improve the satisfaction and engagement of workers
remaining in their positions.
“Retail is a critical part of our nation’s economy and an industry we
can’t afford to ignore,” said Kathleen McLaughlin, president of the
Walmart Foundation and chief sustainability officer for Walmart.
“Bringing stronger retail workforce development requires organizations
across the spectrum—foundations, training providers, government bodies,
nonprofit organizations and the private sector—all working together to
improve career pathways for people.”
With the Bureau of Labor Statistics reporting retail salesperson as the
most common job in America, the largest portion of the grant is
dedicated to exploring alternative models to provide career pathways for
frontline retail workers. The Institute’s Economic Opportunities Program
is working in partnership with Corporation for a Skilled Workforce on
the Reimagine Retail initiative, which will develop retail
sector-specific worker advancement and systems change strategies that
could be adapted for communities across the United States. Through the
grant, the Aspen Institute and the Corporation for a Skilled Workforce
will engage in primary and secondary research to develop and document
strategies, explore interventions at five sites to determine best
practices in the retail sector, and refine implementation guides and
tools based on outcomes.
The grant also supports the Institute’s 100,000 Opportunities
Initiative, led by the Aspen Forum for Community Solutions, to support a
coalition of over 40 employers, primarily retailers and restaurants,
working to hire and retain opportunity youth; the Working in America
event series led by the Institute’s Economic Opportunities Program; and
Upskill America, a growing network of leading organizations, companies,
innovators, and funders that seeks to accelerate employer-led workforce
pathways for frontline workers to gain the skills they need to advance
in the workplace.
“Developing the next generation of workforce strategies requires a wide
range of organizations coming together to play a positive role. We’re
excited for the opportunity to work with the Walmart Foundation to
improve the systems currently in place in the retail sector,” said
Maureen Conway, vice president of policy programs and executive director
of the Economic Opportunities Program, the Aspen Institute. “Through our
collaboration, we’re working to encourage innovative practices among
retailers that are succeeding today by investing in their workers and
building their skills. The lessons learned from the retail sector have
relevance beyond retail, and will meaningfully contribute to the broader
national conversation about the business practices, local programs, and
public policies needed to promote a strong economy and provide expanded
opportunities for all workers.”
The Aspen Institute and Walmart Foundation will host an event discussing
the private sector’s role in providing opportunity beyond job creation,
featuring Walmart Foundation President Kathleen McLaughlin and the Aspen
Institute President and CEO Walter Isaacson on Wednesday, April 6, at
the Institute’s offices in Washington, DC.
Through the Opportunity initiative, Walmart and the Walmart Foundation
are working with a wide array of organizations across sectors to address
a fundamental challenge in America—how to better train and advance
workers in the retail and adjacent sectors. In helping workers build new
job skills for a changing economy, Walmart and the Walmart Foundation
are playing important roles to strengthen the workforce system beyond
the company’s four walls. To date, Walmart and the Walmart Foundation
have donated more than $30 million in grants as part of the initiative.
For more information about Walmart’s Opportunity initiative, visit http://corporate.walmart.com/opportunity.
About Philanthropy at Walmart
By using our strengths to help others, Walmart and the Walmart
Foundation create opportunities for people to live better every day. We
have stores in 28 countries, employing more than 2.2 million associates
and doing business with thousands of suppliers who, in turn, employ
millions of people. We are helping people live better by accelerating
upward job mobility and economic development for the retail workforce;
addressing hunger and making healthier, more sustainably-grown food a
reality; and building strong communities where we operate and inspiring
our associates to give back. Whether it is helping to lead the fight
against hunger in the United States with $2 billion in cash and in-kind
donations or supporting Women’s Economic Empowerment through a series of
grants totaling $10 million to the Women in Factories training program
in Bangladesh, China, India and Central America, Walmart and the Walmart
Foundation are not only working to tackle key social issues, we are also
collaborating with others to inspire solutions for long-lasting systemic
change. To learn more about Walmart’s giving, visit http://www.foundation.walmart.com.
The Aspen Institute
The Aspen Institute is an educational and policy studies organization
based in Washington, DC. Its mission is to foster leadership based on
enduring values and to provide a nonpartisan venue for dealing with
critical issues. The Institute is based in Washington, DC; Aspen,
Colorado; and on the Wye River on Maryland’s Eastern Shore. It also has
offices in New York City and an international network of partners. For
more information, visit www.aspeninstitute.org.
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