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Walmart: $287.7M collected in NJ retail taxes for FY2019
Gabrielle Saulsbery//October 16, 2019//
Listen to this articleMore than $2 million in associate bonuses were paid to New Jersey Walmart employees in fiscal year 2019, and the retailer paid $79.3 million in state and local taxes, according to its updated state impact report.
The report was released on Tuesday.
Walmart collected $287.7 million in retail taxes on behalf of New Jersey from its 71 local stores, it said.
The retailer spent $16.6 billion with in-state suppliers, supporting 92,916 in-state supplier jobs, according to Short Hills-based corporate analytics firm Dun & Bradstreet.
Of the state’s 21,850 Walmart employees, 669 were promoted to positions of higher pay as of March, the report said.
A request for comment was not returned by press time.
