Walmart to Hire 100,000 Vets, Buy More U.S. Products
Walmart, the world’s largest retailer, is pledging to hire 100,000 veterans over the next five years.
Beginning Memorial Day, Walmart will offer a job to any honorably discharged veteran in his or her first 12 months off active duty. Most of these jobs will be in Walmart stores and clubs, and some will be in distribution centers and the Home Office.
“Hiring a veteran can be one of the best business decisions you make,” said Walmart U.S. President & CEO Bill Simon at the National Retail Federation’s annual BIG Show on Tuesday. “Veterans have a record of performance under pressure. They’re quick learners and team players. They are leaders with discipline, training, and a passion for service. There is a seriousness and sense of purpose that the military instills, and we need it today more than ever.”
Walmart also gave a commitment to buy an additional $50 billion in U.S. products over the next 10 years. The company said it will grow U.S. manufacturing on two fronts: by increasing what it already buys here – in categories like sporting goods, apparel basics, storage products, games, and paper products, and by helping to onshore U.S. production in high potential areas like textiles, furniture and higher-end appliances.
Walmart will help convene a manufacturing summit for stakeholders to work together and help accelerate these changes.