USA/CHINA: Wal-Mart to increase procurement of China’s food, textile products within five years
US retail behemoth Wal-Mart has expressed its intention to procure more food and textile products from China over the next five years. Cui Renfu, president of the company's global procuring office, explained that Wal-Mart stopped outsourcing last month. From the start of this month, the company began transferring its commodities and procuring networks to China to procure directly from Chinese suppliers.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Danone's Q1: four things to learn
- Who will buy Danone's Stonyfield business?
- Nestle Q1 update: four things to learn
- Interview: Sir Kensington's on sale to Unilever
- Column: Why snacking is the new meal
- Tyson shops Sara Lee bakery, Kettle and Van's
- Nestle to cut UK confectionery jobs
- PepsiCo affirms full-year target as Q1 hits mark
- Tyson to buy burger-to-entree firm AdvancePierre
- Icelandic to sell Saucy Fish Co. owner Seachill