Wal-Mart Sold on Made in USA

Wal-Mart Stores Inc. has been bullish about Made in America, but now it’s apparent just how bullish.

The world’s largest retailer in January 2013 committed to sourcing $50 billion worth of goods in the U.S. in the 10th year of a decade-long initiative. On Thursday, Wal-Mart revealed that the cumulative spending over the decade will total $250 billion. Bill Simon, chief executive officer of Wal-Mart U.S., floated the figure at the retailer’s year-beginning meeting in Orlando.