date:Sep 26, 2013
rginia, a move that Wal-Mart said took more than a year to put together.
Wal-Mart still declines to sign long-term contracts with suppliers, but its market power is so immense that companies will sometimes make investments based on expected demand from the retailer. Also, Wal-Mart has helped some suppliers make contact with state economic development officials who can offer tax breaks or other incentives.
Renfro Corp began ramping up U.S. sock production two years ago, said CEO Bud Kilby, sink