Walmart Pledges to Buy $50 Billion in American-Made Products Over Next 10 Years
Posted By Mark Boyer On January 20, 2013 @ 2:38 pm In Accessories and Fashion | No Comments
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Walmart [5], the world’s #1 retailer, recently announced plans to increase domestic sourcing of its products. Speaking at the National Retail Federation’s [6] annual BIG Show [7] on Tuesday, Walmart CEO Bill Simon pledged to buy an additional $50 billion in US-made products over the next 10 years. The company’s detractors have long criticized Walmart for sourcing products from overseas markets, but this announcement represents a major shift in focus for the mega-retailer.
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[5] Walmart: http://ecouterre.com/tag/walmart
[6] National Retail Federation’s: http://nrf.com/
[7] BIG Show: http://events.nrf.com/annual2013/public/mainhall.aspx
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