Dive Summary:

• While Walmart data suggests that two-thirds of the current products are U.S.-sourced, the company feels room to do more to try to eliminate the misconception that most products are sourced elsewhere.
• Equity analyst Michael Keara with Morningstar feels as though the seemingly bold move by Walmart will have little impact over 10 years and could be a public relations bid in response to the Mexico bribery scandal.
• Scott Paul, president of the Alliance for American Manufacturing states the move, if executed properly, could be a game changer since Walmart holds so much power over retailing trends.

From the article:
"...In a speech at the National Retail Federation’s annual convention in New York City, Bill Simon, Walmart’s U.S. president and CEO, said Walmart and Sam’s Club will buy an additional $50 billion in U.S. products over the next decade by increasing what it already buys and helping onshore U.S. production in “high potential areas like textiles, furniture, and higher-end appliances...”