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Investing in American Jobs at Walmart

Joe QuinnPublic Affairs / Govt Relations

Milwaukee February 23, 2017

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Walmart’s Evolution

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Global ResponsibilitySustainability

• Create Zero waste• Lead in energy and climate• Sell products that sustain people and the

environment

Community• Walmart has donated $1 billion worth of food

in two years• Support disaster preparedness and response

Opportunity• Spending $2.7 billion on associate wages• Hired 150,000 plus veterans since 2013• Increase U.S. Manufacturing

$250 billion in new product over 10 years means 250,000 new manufacturing jobs for America and the middle class

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Investing in American Jobs

Why it Matters

• More than any other project, US customers indicate they care that products are made domestically

• Better inventory management and quicker response to customer

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Walmart

• 5,300 Retail Units• 1.5 million US associates• Average FT Hourly wage is $13.69• Spent $34.8 billion with Illinois suppliers. 167,467

jobs.

Buy more USA products that our customers want from both new and existing US suppliers. Companies like Korona Candle, Kent Bicycle, Core Brewing, and Frey Farms.

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Accelerating U.S. Manufacturing

“Mom” is the Walmart Customer

• To Mom Made in USA is second only to price• 85% think it’s very important we are selling these

products• Mom believes US made products equal higher quality

Walmart in Wisconsin

• 31,000 associates• $4.4 billion spent with suppliers• 68,000 supplier jobs• $28.7 in community giving• 101 retail units

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Supplier Growth Forum

11www.walmart-jump.com

This is good for business, lowers transportation costs, creates new jobs, and makes us more responsive to customers

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Facilitating American Jobs

Challenges

• Info on where to locate• Supply Chain• Labor availability• Access to financing• Regulatory issues

14Twitter JEQ12 joseph.quinn@wal-mart.com