Wal-Mart to hire vets, buy American

By AP

Created: Tuesday, January 15, 2013 9:01 a.m. CDT

Updated: Tuesday, January 15, 2013 3:28 p.m. CDT

NEW YORK (AP) — Why wait on Washington to fix the economy when there's Wal-Mart?

Wal-Mart Stores Inc., the world's largest retailer and the biggest private employer in the U.S. with 1.4 million workers here, said Tuesday that it is rolling out a three-part plan to help jumpstart the sluggish U.S. economy.

The plan includes hiring more than 100,000 veterans in the next five years, spending $50 billion to buy more American-made merchandise in the next 10 years and helping its part-time workers move into full-time positions sooner.

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