Wednesday, January 16, 2013

Wal-Mart to Spend $50 Billion on US-Made Products to Promote Economy


Retail giant Wal-Mart is planning to increase the sourcing of American-made products as it hopes to boost manufacturing and employment in the economy that has experienced a slow growth after the global financial crisis.
The largest retailer in the US will spend an additional $50bn (€37.6bn, £31.1bn) in locally-made products, particularly sports goods and high-end appliances, over the next 10 years. With its "buy American" campaign, the company intends... (Continue Reading)

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