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Thursday, October 14, 2010

Wal-Mart Looks To Stock More Local Produce

By The Associated Press



BENTONVILLE - Wal-Mart Stores Inc. says it will double its sale of locally sourced produce in the U.S. by the end of 2015.

The move by the world's biggest retailer is part of a new sustainable agriculture strategy that looks to steer more business to small and medium-sized farmers globally while also reducing farming's environmental impact.

Wal-Mart plans to buy more of select U.S. crops. It also anticipates providing training to 1 million farmers and farm workers in emerging markets and selling $1 billion in food sourced from 1 million small and medium-sized farmers.

Wal-Mart says it will start asking suppliers about water, energy, fertilizer and pesticide used per unit of food produced. The retailer also wants to lower food waste at its stores.


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