Behind the numbers – how GXO's strategy stacks up
Neil Shelton on M&A, returns and outsourcing
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Wal-Mart was feted last year when it launched its ‘Made in America’ programme, announcing it was looking to buy some $50bn of clothing merchandise from US suppliers over the next decade, as part of its reinvestment back into the American economy. However, as this article relates, some of the company’s suppliers had already begun to move production back to the US as a result of cost pressures in Asia having reached their respective tipping points.
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