Walmart to Boost Sourcing of U.S. Products

Walmart announces a commitment to increase domestic sourcing of the products it sells. Walmart and Sam's Club will buy an additional $50 billion in U.S. products over the next 10 years. The company will grow U.S. manufacturing on two fronts: by increasing what it already buys here – in categories like sporting goods, apparel basics, storage products, games, and paper products, and by helping to onshore U.S. production in high potential areas like textiles, furniture and higher-end appliances.

 

"At the heart of our national political conversation today is one issue: creating jobs to grow the economy," says Simon. "We are meeting with our suppliers on domestic manufacturing and are making a strong commitment to move this forward."

 

A popular misconception about Walmart is where the majority of the products on its shelves are sourced. According to data from its suppliers, items that are made here, sourced here, or grown here account for about two-thirds of what the company spends to buy products at Walmart U.S. The company sees room to do more.

 

To help achieve this commitment, Walmart has created a senior team within the company to lead this effort and it will sign longer term purchase agreements to give suppliers more certainty.

 

This summer, Walmart will help convene a manufacturing summit for stakeholders to work together and help accelerate these changes.