NEW YORK — Wal-Mart Stores Inc. is stepping up efforts to sell domestically sourced products abroad.
The discount giant said Friday it had opened a new office, branded GP USA Export, to identify American-made goods that could be sold in its stores abroad. Situated at the firm’s Bentonville, Ark., headquarters, the office is a branch of Wal-Mart Global Procurement, an internal buying agency formed in 2002.
"We think there is a growing market for U.S. exports in the other markets where we operate," said Ken Eaton, senior vice president of global procurement, in a statement. Wal-Mart Global Procurement has sourcing offices in 17 countries, working directly with Wal-Mart buyers in North and South America, China, Korea, Japan, Germany and the U.K.
A spokesman added that the new office "really just closes the loop for us. We’ve had offices in other countries for our global procurement division and this is just an office in the U.S. that makes sure the pipeline goes in both directions."
While popcorn and laundry detergent were mentioned as domestically made products currently selling at Wal-Mart stores abroad, the spokesman did not know if any apparel or accessories are currently being exported or if they mightbe in the future.
Eaton added: "We have almost 1,300 Wal-Mart stores outside the U.S., and the number is growing steadily. These stores create a global market for American-made products." The GP USA Export office will also lend U.S. suppliers the advantage of Wal-Mart’s expertise in export logistics as well as regulatory issues, a tall hurdle for some exporters, said the firm.
Wal-Mart is already the world’s biggest company, with sales that topped $218 billion last year.
"We see the GP USA Export office as a window to new markets," said Eaton. "But it will also shine a light on trade barriers to U.S. products. We want to sell American products globally, but we will also need to work with the U.S. government to break down barriers that we encounter."
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews
“Stranger Things” is getting a new cast member for season 2. Meet @sadiesink_, the 15-year-old who will be joining the Netflix series for its new season. You may recognize her from “The Glass Castle” with Brie Larson and Woody Harrelson, but the Texas native’s next role goes in an entirely different direction. She describes her character, Max, as “a rough and tumble skater girl [who] becomes friends with the boys at school.” The second season debuts on October 27. (📷: @jgreenery) #wwdeye
Amid the Harvey Weinstein controversy, there’s another sector that’s being put under the spotlight for sexual abuse: the modeling industry. While rumors about abuse and sexual harassment of female and male models — and the photographers, agents and others who perpetrated it — have circulated within the fashion world for years, model @cameronrussell started posting stories from models on Instagram last week about abusive situations they’ve encountered — from sexual harassment and molestation to attempted rape. Over 75 have weighed in so far. Read more on WWD.com. Link in bio. #wwdnews
To celebrate its 16th anniversary, @dylanscandybar tapped designers and celebrities to create mosaics out of candy. The mosaics will be auctioned off to support the philanthropic cause of each participant’s choice. Pictured here is the mural created by @aliceandolivia's Stacey Bendet. For a first look at some of the other artwork being unveiled tonight, go to WWD.com. #wwdeye
The annual Veuve Clicquot Polo Classic in Pacific Palisades this weekend drew Kate Hudson, Tracee Ellis Ross, Laura Dern and more. See pictures of the star-studded event on WWD.com. (📷: @chelsealaurenla) #wwdeye
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye
"Nowadays when life is not so happy with everything going on in the world, I think people come to me for a little bit of whimsy and color and fun." - Designer Rebecca De Ravenel on her cult-favorite jewelry line. (📸 : @vsteves) #wwd40
“Everyone is talking about how the retail industry is struggling, but I think it’s an incredible time because brands who are doing something different and innovative are setting themselves up for the future,” said @adamgoldston, who founded the luxury athletic brand @apl with his brother @ryangoldsten. The Goldston’s are part of WWD’s 40 under 40: a group of industry notables. See the rest of the list on WWD.com. (📷: @vsteves) #wwd40
@eyeswoon blogger Athena Calderone debuted her first-ever cookbook, “Cook Beautiful,” which is heavily centered on the presentation and visual expression of food. Pictured here are her miso glazed carrots from the book. Get the recipe on WWD.com. (📷: @johnny_miller_) #wwdeye