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Walmart CEOs Hold Business Briefing Thursday

Walmart is making a commitment to sell more products made in the USA, and Walmart U.S. C.E.O. Bill Simon says the initiative is going well.
We're ahead of where we thought we would be at this stage.
ROGERS, AR -- Walmart is making a commitment to sell more products that are made in the USA. In a presentation Thursday afternoon, Walmart U.S.  C.E.O.  Bill Simon says the initiative is going well.

"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.
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