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Wal-Mart wants to increase the amount of local products
United States
Tuesday 22 March 2011
MD
The first worldwide distributor wants to strengthen local products on its shops and reduce waste.
Wal-Mart, the giant U.S. No. 1 retailer in the world wants to accelerate its efforts in sustainable development.
This will mean strong support of sustainable agriculture. Wal-Mart plans to multiply by 3 the amount of products from small farmers by 2015. In United States, Wal-Mart wants to increase the amount of local products to 10%.
The distributor also plans to invest over 1 billion dollars in the supply chain of perishable products worldwide. With the objective to reduce the waste of food by 15% in its stores in emerging markets and 10% in the United States and other developed markets.
Source: Wall Street Journal
