Hi! I'm Dane Carlson, and welcome to the Business Opportunities Weblog. I've been publishing this website, by myself, and sometimes with the help of others for over twelve years now. You'll notice two things about this site right away:
The Associated Press is reporting that Wal-Mart Stores plans to double its sales 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 some of the negative environmental effects of farming.
If Wal-Mart meets its goals in the U.S., local produce will still make up only 9% of the produce it sells. But because of the retailer’s sheer scale, it has the potential for a sizable impact. More than half of Wal-Mart’s $405 billion is annual revenue is from food.
Wal-Mart plans to buy more of select U.S. crops. It also plans to train 1 million farmers and farm workers in emerging markets in crop selection, sustainable farming practices and other subjects and selling $1 billion in food sourced from 1 million small and medium-sized farmers.
Photo by greenliving.org.