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Any changes Walmart makes to its hiring and buying practices garner attention due to the company's size. With $444 billion in annual revenue, if Walmart were a country, it would rank among the largest economies in the world. But critics say the changes amount to a drop in the bucket for Walmart, and they question whether the initiatives will have a major impact on the economy.
Walmart announces plan to hire veterans, buy more U.S. products
Walmart Stores Inc., the world's largest retailer and the biggest private employer in the U.S. with 1.4 million workers here, said Tuesday it is rolling out a three-part plan to help jump-start the sluggish U.S. economy.
The centerpiece of Walmart's plan is a pledge to hire veterans. Walmart said it plans to hire every veteran who wants a job and has been honorably discharged in the first 12 months off active duty. The program will start on Memorial Day.