- The Washington Times - Thursday, March 19, 2009

BENTONVILLE, ARK. (AP) - Wal-Mart Stores Inc. has announced it has paid $2 billion this year to its U.S. employees in bonuses, merchandise discounts and retirement contributions.

The world’s largest retailer said Thursday that $934 million of the money went toward bonuses, averaging to $666 for each of the company’s $1.4 million domestic workers.

Wal-Mart Chief Executive Officer Mike Duke said $789 million was paid in profit sharing and 401(k) contributions and the remainder went to the employee stock purchase plan and merchandise discounts for workers.

In a letter, Duke congratulated employees for Wal-Mart’s recent successes in an economic environment that has its competitors struggling.

(This version CORRECTS 3rd graf to read $789 million, not dollars.)

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