Walmart Promotes Made In America Suppliers

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Wal-Mart Stores Inc. (NYSE: WMT), under siege because of its labor practices, has decided to promote itself as a company which uses “made in America” goods and suppliers. Through buying from U.S. companies, Walmart argues it creates jobs.

Walmart has begun to spread its new campaign via Twitter among other media. Its message:

Real people, real jobs. Now. See who helps supply Walmart with products from U.S. factories

The tweets take people to a Walmart site which describes how the world’s largest retailer supports the American economy:

Work is a Beautiful Thing
Over the next 10 years, Walmart is investing $250 billion in products that support American jobs.

Walmart gets much more detailed in its message. In a series of stories called “I am a factory,” it describes the work lives of people employed by Walmart suppliers. These messages are meant to demonstrate how Walmart helps the jobs economy in America company-by-company, person-by-person. The promotion goes further to describe factories and companies which have been re-opened as part of a renaissance of American industry

At the center of Walmart’s promotion about its support of U.S. suppliers is the company’s January 2013 announcement that it would buy an additional $50 billion in U.S. products in 10 years.

When you add up what we spend each year, our pledge is to buy an additional $250 billion in American products.

We will accomplish this by working with suppliers to:

  • Increase what we already buy of U.S. manufactured goods
  • Source “new to Walmart” U.S. manufactured goods
  • Re-shore the manufacturing of goods we currently buy by facilitating and accelerating efforts of our suppliers

These messages beg the question of how many of these jobs will pay above minimum wage. Walmart continues to weather tremendous attacks about what its pays its 1.2 million workers in the U.S. Some of these workers live below the poverty line. Its “Made in America” message won’t lessen the aggressive attacks unless it can prove the jobs created by its manufacturers pay better than the jobs it offers workers at its stores.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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