WASHINGTON — Wal-Mart Stores Inc. upped the ante on Thursday in its drive to revive American manufacturing, revealing the creation of a new manufacturing fund — and apparel and textiles are one of the prime targets.
Bill Simon, chief executive officer and president of Wal-Mart U.S., told a gathering of more than 280 mayors attending the U.S. Conference of Mayors here that the “time is right for a resurgence” in American manufacturing and said the company is creating a $10 million fund to support it.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)