Walmart is taking steps to source more products from U.S.-based small business suppliers as the world's largest retailer tries to keep prices low.
🇺🇸 Walmart U.S. CEO John Furner tells Axios in an exclusive interview that the company aims to boost opportunities for small American businesses, noting it already devotes about two-thirds of its product spend on U.S.-made, grown or assembled goods.
🏷️ Between the lines: Walmart recently confirmed plans to raise some prices as it grapples with the impact of increased tariffs, drawing the ire of President Trump.
⏱️ Another advantage is speed. Walmart now has more than half a billion items for sale online.
And the company expects to offer three-hour delivery to 95% of the country by the end of 2025, up from 90% today, Furner says.
"It's always helpful when you have the shortest supply chain possible," he adds.
