2010-10-15

Walmart Doubling Sales of Produce from Local Farms. By Ariel Schwartz, Fast Company, 10/14/10.“It's becoming increasingly difficult to vilify Walmart, despite its tendency to put smaller retailers out of business. The retail giant last year unveiled an ambitious sustainability index for its suppliers, and now the it's announced plans to double the sales of fresh produce sourced from local farms in U.S. locations by the end of 2015. The move is part of a larger set of global sustainable agriculture goals unveiled by Walmart this week.

”Other goals for 2015 include selling $1 billion in food sourced from one million small and medium farmers, increasing income of those small to medium farmers by 10 to 15%, and providing training to one million farm workers in sustainable farming practices. Walmart also plans to invest over $1 billion in its global fresh food supply chain over the next five years. And in an apparent effort to lure customers who shy away from traditional big box retailers, Walmart will open up dozens of 30,000 to 60,000-square-foot Neighborhood Market grocery stores over the next few years.”

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