Waste reduction, recycling efforts returns $231 million to Wal-Mart bottom line

Bentonville, Ark. -- Wal-Mart Stores’ efforts to reduce waste and boost recycling added $231 million to its bottom line last year, company CFO Charles Holley said at the chain’s 2012 Global Sustainability Milestone Meeting. Other speakers at the event, which was web cast live, included Mike Duke, president and CEO, Walmart; Doug McMillon, president and CEO, Walmart International; and Bill Simon, president and CEO, Walmart U.S.