For the first time ever, Walmart is opening its doors to more than 500
manufacturers today at its world headquarters during the company's
first-ever "Made in the USA" open call. During the event, suppliers will
meet with the company's senior leaders and merchants to pitch their
products for stores, clubs and online.
To watch the general session webcast, which begins at 9 a.m. CDT, go to corporate.walmart.com.
"In an unprecedented event, we are opening our doors and making our
buyers available to meet with suppliers with one goal in mind: buy more
American products," said Bill Simon, president and chief executive
officer of Walmart U.S. "When we buy new products, suppliers hire people
to make those products. These American jobs build families and
communities, and they help our country thrive. That's really what our
domestic manufacturing commitment is all about."
Over 10 years, Walmart will spend an additional $250 billion on products
supporting domestic manufacturing and American jobs. Walmart will
accomplish this goal by pursuing a multi-pronged approach that includes
increasing what it already buys of U.S. manufactured goods, sourcing
'new to Walmart' U.S. manufactured goods, and supporting the re-shoring
of manufacturing of the goods it currently buys.
Examples of products being pitched today include:
"By hosting the open call, we will be able to discover new products that
we didn't know were out there," added Simon. "We're excited to find new
items that will delight our customers at prices they can afford. This is
not a program or a promotion - this is economics. For many products, the
math simply works."
The Open Call is about more than just manufacturers pitching products.
One of Walmart's goals for the event is for people to leave better
informed than when they arrived. To help achieve this aim, the company's
experts will host a series of educational breakout sessions on key
merchandise topics, including:
"Increasing Walmart's purchases that support American jobs makes sense
for our customers, our communities and our company," said Michelle
Gloeckler, Walmart's executive vice president of consumables and U.S.
manufacturing. "Our customers have told us they want to buy products
that support their communities, and with changes in energy and
automation processes overseas, it is increasingly cost-effective and
efficient to manufacture closest to the point of consumption. We can
better respond to trends and customer demand while providing great
products at affordable prices."
According to data from Walmart's suppliers, items that are made,
sourced, assembled or grown in America already account for about
two-thirds of what Walmart U.S. spends to buy products.
To find out how the day went and learn about deals that happen, RSVP by
2 p.m. central time today to join the media conference call at 4 p.m.
central. RSVP to Katie Cody at 1-800-331-0085 or news.walmart.com/reporter.
Learn more about Walmart's domestic manufacturing commitment at http://corporate.walmart.com/global-responsibility/us-manufacturing,
and to find more details on becoming a Walmart supplier, visit http://www.corporate.walmart.com/suppliers/apply-to-be-a-supplier/.
Join the conversation about Open Call at #WalmartOpenCall.
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 almost 11,000 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
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