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Tipsheet

Wal-Mart Boards the Trump Train, Will Invest $6.8 Billion and Create 10K Jobs

Walmart has announced that it will invest $6.8 billion in the United States and create 10,000 more jobs for Americans in stores and e-commerce, a strong response to the victory of President-elect Donald Trump.

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The investment will create 59 new or relocated Walmart and Sam’s Club stores throughout the country which will in return create an estimated 24,000 construction jobs, the company said in a statement.

“With a presence in thousands of communities and a vast supplier network, we know we play an important role in supporting and creating American jobs,” said Dan Bartlett, Walmart executive vice president for corporate affairs. 

“Our 2017 plans to grow our business -– and our support for innovation in the textile industry –- will have a meaningful impact across the county.”

Trump gave a shout out to Wal-Mart executives on Tuesday as a vote of confidence.  

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