Walmart, the nation’s largest private employer with nearly 1.5 million associates in the U.S., discussed company plans to create American jobs and invest in local communities across the country. The investments in the coming year will support an estimated 34,000 jobs through continued expansion and improvement in the company’s store network, as well as e-commerce services, while providing specialty training for more than 225,000 of the company’s frontline associates. The company and the Walmart Foundation, in conjunction with The U.S. Conference of Mayors, are also announcing grants through the U.S. Manufacturing Innovation Fund to advance sustainability and innovation in textile manufacturing.
“Walmart is investing to better serve customers,” said Dan Bartlett, Walmart executive vice president for corporate affairs. “With a presence in thousands of communities and a vast supplier network, we know we play an important role in supporting and creating American jobs. Our 2017 plans to grow our business – and our support for innovation in the textile industry – will have a meaningful impact across the county.”
Walmart is planning $6.8 billion of capital investments in the U.S. in the coming fiscal year, which includes construction and remodeling of stores, clubs and distribution centers, as well as the expansion of new services such as Online Grocery Pickup. Walmart’s fiscal year begins Feb. 1; the company’s capital plans were first shared in October. Bartlett discussed the company’s investments in job creation and associates — and announced Innovation Fund grants to support the U.S. textile sector — at the 85th Winter Meeting of the U.S. Conference of Mayors in Washington, D.C.
To learn more about Walmart’s commitment and 2017 goals, click here.