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TheStreet Open House

Walmart’s First-Ever “Made In The USA” Open Call For Suppliers Is Underway

Stocks in this article: WMT

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:

  • Sleeping Bags
         
  • Socks
  • Bed Sheets
  • Shower Curtains
  • T-shirts
  • Trash Bags
  • TV Wall Mounts
  • Car Adaptors for Electronics
  • Office Supplies
  • Plastic Toys

“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.”

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