"We're ahead of where we thought we would be at this stage," he says.
According to Simon, foreign goods are becoming more expensive due to rising demand in Asia and high transportation costs. He says buying American products is good for the economy, but also allows Walmart to keep up with constant changes in trends.
"Five hundred American manufacturers are coming to see us to sell products made here in the U.S., so we're really really excited about what that's going to do, both from a manufacturing perspective, but we're excited to see some new products," Simon says.
Neile Ashe, Pres. & CEO of Global eCommerce; David Cheesewright, Pres. & CEO of Walmart International; and Rosalind Brewer, Pres. & CEO of Sam's Club also spoke at Thursday's business briefing, which took place at the Embassy Suites Hotel in Rogers.