San Diego, CA, August 25, 2014– A six-week fundraising campaign at Walmart and Sam’s Club outlets collected more than $531,000 for Rady Children’s Hospital, the retail giant announced Monday.
The local effort was part of a nationwide fundraiser for Children’s Miracle Network Hospitals across the country.
Nationally, through donations accepted at cash registers and in-store fundraising activities, Walmart raised more than $40.2 million for the 170 hospitals that make up the network. The money goes toward buying life-saving equipment, supporting therapy programs and providing charitable care.
“We are so grateful for the incredible work of Walmart leadership and their associates, which led to another successful fundraising campaign,” said Carol Damon-Scherer, the vice president of development for the Rady Children’s Hospital Foundation. “Many special programs rely on community support to operate, and with this donation Rady Children’s will be better-equipped to provide the excellence in patient care we are known for nationwide.”
Rady Children’s Hospital said it would dedicate the money to a fund that helps pay for life-saving technology and research, provides a safety net for children with little or no medical insurance, and creates a healing environment designed to enrich the experience of patients and their families.
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Additionally, more than 23 million pounds of food were donated to local food banks
San Diego, CA (June 26, 2014) – Walmart and the Walmart Foundation announced that over the last fiscal year they gave more than $47 million in cash and in-kind contributions to charitable organizations throughout California. Globally, the company and its Foundation donated more than $1.3 billion to nonprofit groups, surpassing the previous year’s total by more than $244 million. “We are so proud of the partnerships we have forged with dedicated people and organizations throughout the state to help us do more good for more people,” said Kimberly Sentovich, Senior Vice President, Walmart Pacific Division. “In San Diego, we were fortunate to team up with some new groups this year, and we look forward to seeing the great work these organizations will do in the community.” Two of the San Diego-area organizations receiving grants from Walmart and the Walmart Foundation include Accion San Diego and Bayside Community Center. Accion San Diego is a nonprofit microlender dedicated to connecting low to moderate-income entrepreneurs, many of whom are women or minorities, with the financing and resources to start and grow healthy businesses. Walmart and the Walmart Foundation provided $50,000 to support the organization’s small business loan program, which will benefit 100 female small business owners. “We are delighted that the Walmart Foundation chose to support Accion,” said Elizabeth Schott, Executive Director, Accion San Diego. “Through Walmart’s support, we are able to continue our mission of empowering hard-working entrepreneurs and meet the increasing demand for our services from small business owners.” Bayside Community Center was provided $25,000 to support its Food Security and Healthy Living Program. This initiative is aimed at meeting critical needs for those suffering from food insecurity, such as providing a senior lunch program, healthy food bags for after-school participants and a community garden, among other efforts. “Walmart’s partnership has allowed us to increase assistance to some of our community’s most vulnerable – those who are unable to ensure their access to food. Our work helps supports the community and Walmart’s grant has helped strengthen Bayside’s Food Security program, enabling us to continue meeting the needs of our neighbors,” said Rose Ceballos, Director of Social Services, Bayside Community Center. Additionally, since announcing the historic Fighting Hunger Together commitment in 2010 to donate 1.1 billion pounds of food and $250 million in cash by 2015, Walmart and Sam’s Club facilities have surpassed both goals one year earlier than projected. As of January 2014, Walmart and the Walmart Foundation have donated 1.58 billion pounds of food, the equivalent of approximately 1.32 billion meals, and have awarded $260 million in grants to hunger relief programs in the United States, exceeding their original commitment by four percent. Overall, Walmart has exceeded $2 billion of cash and in-kind commitments to fight hunger at the local, state and national levels. In California, Walmart donated more than 23 million pounds of food to local food banks – equivalent to more than 19 million meals – in the last fiscal year. The retailer and its Foundation have partnered with Jacobs & Cushman San Diego Food Bank, Imperial Valley Food Pantry, Meals-on-Wheels Greater San Diego and more in the San Diego and Imperial counties region to provide expanded food services to homebound seniors and others in need. “We are so thankful for Walmart’s support of our work in San Diego County and especially its contribution to helping us expand our service to some of our society’s most vulnerable – homebound seniors living in isolated areas of the region, removed from basic services,” said Debbie Case, President/CEO, Meals-on-Wheels Greater San Diego. “Walmart’s partnership ensures we can serve more of those in need in the days and years to come.” California Giving Highlights
- Total Walmart and Walmart Foundation contributions (cash and in-kind) – $47,661,178
- Total customer and associate giving – $4,472,668
- Total food donation – 23,174,153 pounds
- Meal equivalent – 19,311,794 meals
For more information about the Walmart Foundation, visit http://foundation.walmart.com. About Philanthropy at Walmart Walmart and the Walmart Foundation are committed to helping people live better through philanthropic efforts. By operating globally and giving back locally, Walmart is uniquely positioned to address the needs of the communities it serves and make a significant social impact within its core areas of giving: Hunger Relief & Healthy Eating, Sustainability, Career Opportunity and Women’s Economic Empowerment. Walmart and the Walmart Foundation are leading the fight against hunger in the United States with a $2 billion commitment through 2015. Walmart and the Walmart Foundation have donated more than 1.3 billion meals to people in need across the country. To learn more about Walmart’s giving, visit foundation.walmart.com.
Walmart Foundation grant to be matched by City of Oceanside for total of $50,000
OCEANSIDE, CA (June 26, 2014) – Veterans Association of North County (VANC) yesterday received a $25,000 contribution to assist North County veterans. The grant – which was giving to the nonprofit organization through the Walmart Foundation’s State Giving program – will provide equipment for the organization’s “Warrior Kitchen” program, which is aimed at providing veterans with skills in the food service industry, as well as serving meals to other veterans in the kitchen’s accompanying dining hall.
“With Walmart’s support, we will be able to continue to assist North County veterans by providing them with valuable job training that can assist a successful transition into the civilian workforce,” said Chuck Atkinson, founder and President of the North County Veterans Association. “We’re grateful to Walmart for its commitment to help veterans live better.”
The grant was presented to VANC at the Oceanside City Council meeting on Wednesday, June 25, 2014. Oceanside City Council member Jerome Kern commended Walmart for its ongoing support of local veterans.
“Walmart has remained consistently committed to veterans in Oceanside and throughout North County,” said Councilmember Kern. “This grant will not only help provide valuable job training opportunities for our veterans but will also allow those who may need assistance to receive fresh-cooked, healthy meals from the Veterans Association of North County. I’m pleased to say the $25,000 grant from Walmart will also be matched by the City of Oceanside as part of a recently-approved City program to help raise funds for the Veterans Association of North County.”
The City Council approved a funds match of up for $600,000 to the Association on May 28 this year, and the Walmart grant will be matched for a total of $50,000 to the organization.
Oceanside Store Manager Matt Firkus presented the grant on behalf of Walmart and spoke about the company’s commitment to veterans.
“The Veterans Association of North County is an organization we’re proud to support,” said Firkus. “At Walmart, we recognize the great sacrifices made by our country’s veterans, and we have committed $40 million to support veteran employment and transition programs. I am pleased to see how these funds will positively impact the lives of veterans in the North County region.”
Veterans Association of North County serves approximately 80,000 veterans and 30 different veterans’ organization each year. The Warrior Kitchen program is part of the organization’s larger Career Transition Assistance Program, which provides approximately 25 veterans with valuable job and job-seeking skills in each six-week course.
The contribution to Veterans Association of North County was made possible through the Walmart Foundation’s California State Giving Program. Through this program, the Walmart Foundation supports organizations that create opportunities so people can live better. The Walmart Foundation State Giving Program strives to award grants that have a long-lasting, positive impact on communities across the U.S.
To be considered for support, prospective grantee organizations must submit applications through the Walmart Foundation State Giving Program’s online grant application. Applicants must have a current 501(c)(3) tax-exempt status in order to meet the program’s minimum eligibility criteria. Additional information about the program’s funding guidelines and application process are available online at www.walmartfoundation.org/stategiving.
In Fiscal Year Ending 2014 in California, Walmart, Sam’s Club locations and the Walmart Foundation awarded more than $47.6 million to local organizations.
About Philanthropy at Walmart
Walmart and the Walmart Foundation are committed to helping people live better through philanthropic efforts. By operating globally and giving back locally, Walmart is uniquely positioned to address the needs of the communities it serves and make a significant social impact within its core areas of giving: Hunger Relief & Healthy Eating, Sustainability, Career Opportunity and Women’s Economic Empowerment. Walmart and the Walmart Foundation are leading the fight against hunger in the United States with a $2 billion commitment through 2015. Walmart and the Walmart Foundation have donated more than 1.3 billion meals to people in need across the country. To learn more about Walmart’s giving, visit foundation.walmart.com.
About Veterans Association of North County
Veterans Association of North County (VANC), located in Oceanside, California, is a 501(c) (3) non-profit organization created by a group of dedicated veterans to empower other veterans, members of the military, and their families by providing needed support and resources. It is an umbrella association that represents more than 30 veteran organizations spanning all branches of military service (including reserve personnel) and encompassing all generations, from active duty through retirees. Its mission is to serve as a one-stop resource center for all veterans and military, centralizing the services of diverse agencies to assist them with jobs, education, finances, health and wellness, and family issues.
Urban Corps of San Diego Receives $25,000 from the Walmart Foundation to Assist with Career Building Programs
Donation to support YouthBuild job training program throughout the County
San Diego, CA, April 22, 2014 – Walmart and the Walmart Foundation are proud to announce a $25,000 grant to Urban Corps of San Diego County to assist with youth job training services. Urban Corps is a certified local conservation corps and charter school, providing young adults with green job training, education and community service experience, while protecting San Diego’s natural resources. The grant – which was given to the non-profit through the Walmart Foundation’s State Giving Program – will fund the organization’s YouthBuild program, a model of the YouthBuild USA Affiliated Network. The Walmart grant will play an integral role in helping Urban Corps get the YouthBuild program off the ground, enabling the organization to hire a vocational job training instructor, cover a portion of program overhead, and provide uniforms and safety gear, certifications, tools, and instructional materials to program participants.
“Urban Corps is very appreciative of Walmart’s generous grant, which is helping to jumpstart our YouthBuild program, and provide construction training, industry recognized certifications, leadership development, and job placement to disadvantaged youth,” said Robert Chavez, CEO of Urban Corps of San Diego. “These services will help students gain life skills, overcome negative habits and experiences, and increase their chances of success in the workforce.”
YouthBuild students at Urban Corps will receive on-site and classroom-based vocational training in construction, qualifying them for industry-recognized certifications and enabling them to build and rehabilitate affordable housing. These services will complement Urban Corps’ existing job training and education programs.
“We are proud to support the efforts of Urban Corps of San Diego,” said Kim Sentovich, Walmart senior vice president for the Pacific Division. “Walmart strongly believes in giving back locally and we look forward to working with Urban Corps, as it works to positively impact the lives of San Diego’s youth.”
In 2012, Walmart contributed $11,800 in support of Urban Corps’ programs. This state giving grant displays an ongoing commitment to Walmart’s core principles of career opportunity and environmental sustainability.
“Urban Corps’ programs address critical educational, environmental and workforce development needs for our youth population,” County of San Diego Supervisor Ron Roberts said. “I am pleased to see Walmart’s continuing support of the organization and the great partnership the two organizations have created.”
The Walmart Foundation’s California State Giving Program granted more than $400,000 to nonprofits in San Diego County in 2013, including Accion San Diego, After School All Stars, Blessings in a Backpack, Jacobs & Cushman San Diego Food Bank and St. Vincent de Paul Village.
In 2012, Walmart and the Walmart Foundation gave more than $1 billion in cash and in-kind contributions around the world. This includes $1 billion in cash and in-kind gifts in the United States and $82.2 million in cash and in-kind gifts in international markets. In addition, Walmart, Sam’s Club and Logistics associates volunteered more than 2.2 million hours, generating $18 million to U.S. nonprofits.
About Philanthropy at Walmart
Walmart and the Walmart Foundation are committed to helping people live better through philanthropic efforts. By operating globally and giving back locally, Walmart is uniquely positioned to address the needs of the communities it serves and make a significant social impact within its core areas of giving: Hunger Relief & Healthy Eating, Sustainability, Career Opportunity and Women’s Economic Empowerment. Walmart and the Walmart Foundation are leading the fight against hunger in the United States with a $2 billion commitment through 2015. Walmart has donated more than 1 billion meals to those in need across the country. To learn more about Walmart’s giving, visit foundation.walmart.com.
About Urban Corps
Since 1989, Urban Corps has served as a bridge to a better life to more than 12,000 underserved, low-income young adults ages 18-25, providing them with the chance to improve themselves while improving their own communities. The organization provides a second chance at a high school education and paid green job training designed to encourage civic engagement, responsibility, and self-sufficiency. An onsite charter school affords participants an accelerated WASC-accredited high school diploma program, complete with hands-on support staff who ensure students succeed in the program and beyond. In the field, Corpsmembers gain tangible job skills on environmental and community improvement projects like graffiti abatement, urban forestry, recycling, landscaping and green building construction through the YouthBuild program. On average, 70% of graduates transition from the program with employment. For more information, visit www.urbancorpssd.org.
Commits to Doubling On-site Solar Projects in the United States by 2020
MOUNTAIN VIEW, Calif., May 9, 2014 — At an event with President Barack Obama, Walmart
today announced that it will double the number of on-site solar energy projects at its U.S. stores,
Sam’s Clubs and distribution centers by 2020. The commitment is part of Walmart’s global
initiative to drive the production or procurement of 7 billion kWh of renewable energy by the end
Over the last few years Walmart has made significant progress toward its goal to be supplied by
100 percent renewable energy. With today’s commitment Walmart will further extend its
leadership in renewables, doubling its solar energy projects in the United States and Puerto
Rico over the next six years, compared to a 2013 baseline.
“We share the President’s commitment to a sustainable energy future and applaud his
willingness to partner with business on this important issue,” said Bill Simon, president and CEO
of Walmart U.S. “We know from experience that investing in energy innovation allows us to save
money, reduce carbon pollution, and create jobs. Every day, millions of Americans depend on
us to watch every penny so that we can provide the best prices on products they love. Our
customers can feel good that we’re watching out for both their wallets and their children’s
Walmart made the announcement while hosting President Obama at a solar-powered store in
Mountain View, California. The President visited the store to highlight the importance of energy
efficiency and renewables in keeping America strong.
Walmart today is the No. 1 commercial solar energy user according to the Solar Energy Industry
Association and is recognized as the largest on-site renewable energy user in America by the
EPA’s Green Power Partnership.
Earlier this week, Walmart also signed on to the Department of Energy’s Better Buildings
Initiative, reinforcing the company’s commitment to reduce the energy intensity of its buildings
by 20 percent by 2020, compared to a 2010 baseline.
In total, Walmart’s 2020 commitments to scale renewables and accelerate energy efficiency
globally could save the company as much as $1 billion a year in energy costs.
The Mountain View store currently derives 14.5 percent of its energy from solar systems built
and installed by SolarCity, a local California business and one of Walmart’s largest solar
vendors. According to SolarCity, its projects with Walmart alone have created an estimated
9,000 construction jobs in the United States, and SolarCity has created an additional 5,000
permanent American jobs since it initiated its first project with Walmart in 2010.
As Walmart and other companies commit to solar, it creates more certainty in the marketplace
and encourages others to invest, lowering the cost for everyone. According to Lyndon Rive,
CEO of SolarCity, “One of SolarCity’s biggest challenges is that customers are still stuck with
the stigma that clean energy is expensive. Walmart’s scale, brand, and leadership is sending
the signal that solar is cost effective. Walmart is showing you can be sustainable, and you can
do it at prices that meet or beat the price of energy from the grid.”
With today’s commitment, Walmart continues to demonstrate that it can serve more customers
while slowing its environmental impact. Since 2005, Walmart’s greenhouse gas emissions grew
at only one-quarter the rate of the company’s growth, nearly flat-lining in recent years. With its
2020 energy goals it anticipates an absolute decline in GHG emissions by 2020 despite
significant growth plans over that same time period.
For more information and to join the conversation, please follow us @Walmartgreen.
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better
– anytime and anywhere – in retail stores, online, and through their mobile devices. Each week,
more than 245 million customers and members visit our 11,302 stores under 71 banners in 27
countries and ecommerce websites in 10 countries. With fiscal year 2014 sales of over $473
billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a
leader in sustainability, corporate philanthropy and employment opportunity. Additional
information about Walmart can be found by visiting http://corporate.walmart.com on Facebook
at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise
sales are available at http://www.walmart.com and http://www.samsclub.com.
Wal-Mart is using its massive size to drive down the price of organic food items from tomato paste to chicken broth to make them more affordable for its low-income customers.
The world’s largest retailer and nation’s largest grocery seller said Thursday that it has teamed up with Wild Oats to sell a new line of organic foods, starting this month, that’s at least 25 percent cheaper than the national organic brands it carries and in line with the prices of its branded non-organic alternatives. Wild Oats helped pioneer the organic food trend in the late 1980s but has largely disappeared from store shelves since 2007.
Wild Oats’ 6-ounce can of tomato paste, for example, is priced at 58 cents, compared with 98 cents for a national-brand organic version. And a 32-ounce can of chicken broth under Wild Oats is priced at $1.98, compared with the $3.47 for a national-brand alternative, according to the discounter’s survey of 26 nationally branded organic products available at Walmart.com.
Wal-Mart Stores Inc. is unveiling nearly 100 pantry items under the Wild Oats label over the next several months, adding to the 1,600 organic food items it already carries. It’s taking a cautious approach, planning to have them in about half of its 4,000 domestic namesake stores to make sure it can satisfy demand. The Bentonville, Ark., company will be the exclusive national retailer of Wild Oats.
“We are removing the premium associated with organic groceries,” Jack Sinclair, Wal-Mart’s executive vice president of grocery, told reporters during a conference call Wednesday.
With help from the Wal-Mart Foundation, the California Association of Food Banks plans to expand its produce recovery program — Farm to Family — by 15 million pounds of fresh produce and help other states set up similar programs.
The foundation gave the Oakland-based California Association of Food Banks $500,000 to grow the program. The association already partners with 114 growers and packers to provide 140 million pounds of fresh produce annually to 40 California food banks, according to a news release.
The donation from the Wal-Mart Foundation will also help with two research projects, Sue Sigler, association executive director, said in the release.
“CAFB will commission and publish a study identifying the environmental benefits of the Farm to Family model,” Sigler said in the release. “This research will contribute new knowledge on the sustainability benefits of produce recovery efforts.”
Sigler cited USDA statistics in the release that show 6 billion pounds of agricultural crops are being wasted annually in the U.S. The discarded and unharvested food includes about 3 billion pounds of fresh produce in California annually, according to the release, helping to make food waste the No. 1 material going into U.S. landfills.
The other research project planned is a pilot program to quantify the impact of increasing cold storage capacity at food pantries in terms of the pantries’ ability to distribute more fresh produce.
Outreach efforts to growers and packers will also benefit from the Wal-Mart Foundation donation. Sigler said in the release that California’s 36,000 growers represent an untapped market.
The 140 million pounds of produce annually recovered and distributed by the Field to Family program represents only 5% of the total agricultural food waste in California, according to the release.
The food bank association also plans a conference to help organizations in other states set up produce recovery programs.
“CAFB has been on the cutting edge of produce recovery efforts for the past decade. We look forward to seeing them expand Farm to Family in California, and beyond,” Wal-Mart Foundation senior manager Robert Kenny said in the release.
Seniors living in the backcountry of East County are about to be better served by Meals-on-Wheels Greater San Diego Inc.
Meals-on-Wheels, the service that supports the independence and well being of senior citizens, recently received a $70,000 contribution grant from the Walmart Foundation.
The funds will be used to help meet its goal of doubling daily meal service to homebound seniors living in San Diego’s rural areas, according to Debbie Case, president/CEO of Meals-on-Wheels in San Diego County.
There are more than 30,000 seniors living in rural the back country of San Diego County, areas where there is limited access — or no access — to a senior nutrition program, Case said.
Meals-on-Wheels Greater San Diego provides two nutritious meals every day to more than 2,700 seniors living in 48 communities throughout San Diego County, Case said. Most of the program’s recipients live alone, and nearly 85 percent are considered low income.
Walmart Neighborhood Market provides access to fresh and affordable groceries and employment opportunities to the community
- New Walmart Neighborhood Market located at 300 N. 2nd St.
- About 65 jobs at the new store
- Store open 24 hours a day, seven days a week
EL CAJON, CA, March 7, 2014 – Walmart will open a new Walmart Neighborhood Market Friday, March 14, after a brief ribbon cutting ceremony at 7:30 a.m. The new store, approximately one-quarter the size of a Walmart Supercenter, is located at 300 N. 2nd St. in the Town and Country shopping center and is open 24 hours a day, seven days a week. The new store will provide local customers with a new, convenient option for their grocery shopping needs, including fresh produce and pharmacy services.
“I am pleased that Walmart is opening another Neighborhood Market in East San Diego County,” said California State Assemblyman Brian Jones. “Walmart has contributed tremendously to our community through its initiative to hire more veterans and by creating more jobs that help stimulate our local economy. Welcome to the neighborhood!”
Smaller Store, More Convenience
The Walmart Neighborhood Market format offers quick and convenient shopping, with a full-service grocery department, including organic and natural selections. The store features prepared food options, fresh baked breads, a self-serve deli and a bakery. The El Cajon store is also tailored to the community, offering local favorites.
“Walmart is a tremendous asset to El Cajon and to the entire region,” said El Cajon Mayor Bill Wells. “This new store is a boon for our City, not just for customers looking for low prices on groceries, but because of the hundreds of jobs and economic opportunities Walmart provides to our community.”
The pharmacy offers a full range of products and services. Pharmacy team members can answer product and prescription questions and customers can ask about health and wellness solutions. The stores will also offer Walmart’s $4 Prescription Program, through which customers can choose from hundreds of generic drugs and over-the-counter medications for $4 for a 30-day supply or $10 for a 90-day supply. Started in 2006, the program has saved U.S. customers more than $4.8 billion on medications.
The grand opening celebration includes presentations of grants from Walmart to local community groups, as well as a $70,000 grant from the Walmart Foundation’s State Giving Council to Meals-on-Wheels Greater San Diego, Inc. to expand its home-delivered meal program in rural areas of San Diego, including East County and North County. Other recipients include the following organizations:
- I Love a Clean San Diego
- Challenge Ranch
- Grant Hills High School
- The Seth Foundation
In addition to the grants given as part of the grand opening, the new store will further Walmart’s pledge to fight hunger in America. As part of Walmart’s and the Walmart Foundation’s $2 billion commitment to fight hunger through 2015, Walmart stores in California donated approximately 10.2 million pounds of food, in fiscal year 2013, or the equivalent of 8.5 million meals. Additionally, Walmart and the Walmart Foundation gave more than $26.3 million in fiscal year 2013 in California alone. For more information on Walmart’s fight against hunger, visit http://foundation.walmart.com/our-focus/hunger.
“Walmart has proven to be a great partner to the East County community, providing hundreds of jobs for local residents and supporting our local charities,” said Eric Lund, General Manager at the San Diego East County Chamber of Commerce. We look forward to the opening of this new store and the way it will help strengthen our local economy in El Cajon and throughout the region.”
New Store, New Jobs
The new store employs about 65 full- and part-time associates. The first Walmart Neighborhood Market opened in 1998, and today there are approximately 300 Walmart Neighborhood Market stores nationwide.
“I am excited to open this Walmart Neighborhood Market and look forward to serving my community,” said Store manager John Defiori. “I invite the community to come celebrate our grand opening with us on March 14.” Defiori began his career with Walmart in 1996, assisting with the opening of the store on Camino Canada in El Cajon, and brings nearly 18 years of experience in working with the company and in this community.
Walmart provides competitive wages and benefits to associates, as well as opportunities for advancement. The average wage for full-time hourly associates in California is $13.08, and about 160,000 associates receive promotions each year. The company offers a variety of affordable health and well-being benefits, including health care coverage with no lifetime maximum. Walmart also offers eligible associates matching 401(k) contributions of up to 6 percent, discounts on general merchandise, an Associate Stock Purchase Program and company-paid life insurance. Additionally, eligible associates receive a quarterly incentive based on store performance.
A Big Family Welcome
Walmart is happy to be part of the El Cajon community and is ready to celebrate with residents on Saturday, March 15. A Big Family Welcome will give customers a chance to meet the manager and enjoy fun family activities, such as face painting, cupcake decorating and free food samples while supplies last. Join the celebration from noon to 3 p.m.
Join the Conversation
Walmart invites El Cajon shoppers to share their in-store experience on Facebook and Twitter by using #MyNewWalmart. Visit the My Local Walmart Facebook page at http://www.facebook.com/walmart4169. Fans of the local page can receive information about rollbacks, in-store events, meal solutions and more.
Wal-Mart Stores Inc. has been bullish about Made in America, but now it’s apparent just how bullish.
The world’s largest retailer in January 2013 committed to sourcing $50 billion worth of goods in the U.S. in the 10th year of a decade-long initiative. On Thursday, Wal-Mart revealed that the cumulative spending over the decade will total $250 billion. Bill Simon, chief executive officer of Wal-Mart U.S., floated the figure at the retailer’s year-beginning meeting in Orlando.
“We’ve pledged to spend $250 billion on U.S. products over the next 10 years,” he said.
In an interview with WWD, Michelle Gloeckler, senior vice president of home and the executive leading the U.S. manufacturing initiative, said, “It’s real, it’s math, it’s economic. A lot of people doubted us in the beginning. This is important to our business and our customers. There’s real value there when you make products closer to consumption. We learned a lot through the first year. The $250 billion figure is the cumulative effect of year-over-year. We are on track to meet that goal with our year one results.”