Wal-Mart To Hire Vets, Buy More American Products

Wal-Mart To Hire Vets, Buy More American Products

Wal-Mart is rolling out a plan to help jumpstart the sluggish economy.
NEW YORK (AP) - Wal-Mart is rolling out a plan to help jumpstart the sluggish economy.

The plan has three parts: hiring more than 100,000 veterans in the next five years, spending $50 billion to buy more American-made merchandise in the next 10 years and helping its part-time workers move into full-time positions.

The president and CEO of Wal-Mart's U.S. business says the company doesn't have to wait for lawmakers in Washington to fix the economy. In the words of Bill Simon, "We can simply move forward, doing what we know is right."

The retailer has recently faced bribery accusations in Mexico and calls for better safety oversight after a deadly fire at a Bangladesh factory that supplies its clothes. But Wal-Mart says its initiatives are unrelated to those events.

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