NEW YORK (January 15, 2013)--Wal-Mart Stores Inc., the world's largest retailer, says it plans to boost its sourcing from domestic suppliers significantly over the next decade.

The company, based in Bentonville, Ark., says it plans to buy an additional $50 billion in U.S. products over the next 10 years.

According to data from Wal-Mart's suppliers, items that are made, sourced or grown in the U.S. account for about two-thirds of the company's spending on products for its U.S. business.