Walmart is getting into the Angus beef business

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Walmart announced Wednesday it is partnering with a Texas cattle rancher to initiate the retailer's entrance into the beef industry.

div > div.group > p:first-child"> The nation's largest grocer is creating its own end-to-end supply chain to sell no-hormone added Angus beef cuts in 500 Walmart stores across the southeast later this year.

Walmart is working with Texas rancher Bob McClaren of 44 Farms and Prime Pursuits to source the cattle. Mc6 Cattle Feeders will assist with feeding the cattle. Creekstone Farms will process the cattle, then send it on to FPL Foods for packing. The company said its endeavor will create more than 450 jobs. It also will make sure these ranchers are seeing steady demand for their products.However, the new supply chain won't cover all of the retailer's beef needs.

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