Wal-Mart to buy more US-made goods, hire veterans
NEW YORK (AFP) - Wal-Mart, the world's biggest retailer, said Tuesday it would spend US$50 billion (S$61.3 billion) more on United States-made goods and boost hiring of military service veterans to support the nation's economy.
Wal-Mart Store's retail chains in the United States, Walmart and members-only Sam's Club, will buy an additional US$50 billion worth of domestic products over the next 10 years, the company said.
Wal-Mart noted that two thirds of its spending on products for Walmart US already goes to US products.
The US goods included in the latest move include sporting goods, apparel basics, storage products, games, and paper products.