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Walmart announces three U.S. manufacturing projects
Washington, D.C. -- Walmart U.S. president and CEO Bill Simon and Secretary of Commerce Penny Pritzker announced at the SelectUSA 2013 Investment Summit on Thursday that three suppliers have made new domestic manufacturing commitments that will create 385 jobs. The move is part of the retailer’s previously announced pledge to buy an additional $50 billion in U.S.-made products over the next decade.
Walmart said that Elan-Polo, Louis Hornick & Company and EveryWare Global will produce footwear, curtains and glassware, respectively.
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Survey: Nine-in-10 consumers plan holiday shopping in stores
San Francisco – Almost nine-in-10 (88%) consumers will shop in stores this holiday season, compared to 75% who will shop online and 16% who will shop via mobile device. A new Harris Interactive survey co-sponsored by Aerohive Networks and Euclid also shows that physical retailers still need to address consumer concerns regarding in-store holiday shopping.
Specifically, consumers are most concerned about crowds (42%), lines (29%), and out-of-stock items (15%) affecting their in-store holiday shopping this year.