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Wal-Mart Under Fire Over Its Bottled Water

Wal-Mart Stores, Inc. (NYSE:WMT) is under fire for sourcing its bottled water from California.


Some of the bottled water found in Walmart’s “Great Value” brand comes from the Sacramento municipal water supply. California has been suffering from a drought and 11,000 signatures have already been collected to try and get the retailer to source its water from somewhere else, reports Fortune.

Despite the criticism Walmart is facing for sourcing its water from California, it doesn’t appear to have plans to stop. In a statement released by the company, it said it would monitor the situation and cut water usage in its retail locations in the state. A mandatory limit on water use went into effect in the state earlier this year, Fortune notes.

Starbucks Corporation (NASDAQ:SBUX) has also faced criticism for sourcing water for its bottled Ethos water from California. The company stated that its use of water didn’t hurt the supply in the state. However, it did decide to start sourcing its water from Pennsylvania and is looking for a new source of water on the West Coast.

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Article printed from InvestorPlace Media, https://investorplace.com/2015/05/wal-mart-bottled-water-wmt/.

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