Wal-Mart Stores Inc., the world's biggest retailer, said Tuesday it would spend $50 billion more on U.S.-made goods and boost hiring of military service veterans to support the nation's economy.

Walmart and members-only Sam's Club will buy an additional $50 billion worth of domestic products over the next 10 years, the company said.

Wal-Mart noted that two-thirds of its spending on products for Walmart U.S. already goes to U.S. products.

“Don’t forget, we run a pretty large grocery business. According to data from our suppliers, items that are made here, sourced here, or grown here account for about two-thirds of what we spend to buy products at Walmart U.S.,” Walmart U.S. President and CEO Bill Simon said at the National Retail Federation convention, according to the text of his speech.

The U.S. goods included in the latest move include sporting goods, apparel basics, storage products, games and paper products.