Wal-Mart Stores announced that it is forming a new office that will be responsible for exporting US goods to its almost 1,300 stores outside the US.
"We know that many products made in the United States are already popular with Wal-Mart customers in these countries, products ranging from popcorn to laundry detergent," Ken Eaton, Wal-Mart’s senior VP for global procurement, told The Associated Press. "We think there is a growing market for U.S. exports in the other markets where we operate, and we are excited about the opportunities this new office will create."
"We know that many products made in the United States are already popular with Wal-Mart customers in these countries, products ranging from popcorn to laundry detergent," Ken Eaton, Wal-Mart’s senior VP for global procurement, told The Associated Press. "We think there is a growing market for U.S. exports in the other markets where we operate, and we are excited about the opportunities this new office will create."
- KC's View:
- One can assume those will be products to which Wal-Mart will have exclusivity…which will give it additional advantages in global markets.
