By  on June 17, 2013

TOKYO — Mike Duke, president and chief executive officer of Wal-Mart Stores Inc., said the world’s largest retailer is stepping up factory inspections and safety measures in Bangladesh.

“We are allowing third-party companies to inspect and approve factories from a structural standpoint,” Duke said Friday, just after giving a speech on integrity and business practices at The Consumer Goods Forum Global Summit here. “We now are trying to redouble the efforts on the areas of auditing, inspecting and training. I will say, though, that we didn’t quickly…you know, jump to a conclusion of abandoning the country. I think in some cases helping markets like Bangladesh to raise the standards is better than abandoning a market like that.”

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