Wal-Mart holds 'made-in-America' summit

Published On: Aug 22 2013 10:52:53 AM EDT

Flickr

Currently, big brick-and-mortar stores with an online presence, like Walmart, already charge sales tax for web purchases. 

ORLANDO, Fla. -

Wal-Mart Stores Inc. is hoping for a groundswell "made-in-America" movement.

The world's largest retailer is hosting its first two-day summit starting Thursday, bringing together retailers, suppliers and government officials that it hopes will  build on its recent commitment to drive more manufacturing in the U.S.

The event, which is expected to draw more than 1,500 people in Orlando, is occurring seven months after the Bentonville, Ark.-based discounter pledged that it planned to buy $50 billion more U. S. made goods over the next decade. That's the equivalent of just more than 10 percent of what Wal-Mart will sell at retail this year.

But Wal-Mart has said that if other merchants try to do the same, that would mean an additional $500 billion in American-made goods over the next decade.

Comments

The views expressed are not those of clickorlando.com, WKMG or its affiliated companies. This is a community moderated forum (Please note the 'Flag' button). By posting your comments you agree to accept our Terms Of service
blog comments powered by Disqus