Walmart said EPI's analysis was "flawed" and that the company adds jobs through areas of its business such as supply chain, logistics and distribution.
Walmart also cited a report by Boston Consulting Group that said the company will create an estimated 1 million new US jobs by 2023 through its US manufacturing initiatives, including direct job growth of about 250,000.
The EPI said the rising US trade deficit and more Wal-Mart imports will likely displace much more manufacturing jobs than the company creates in the US over the next decade.
Walmart had said in 2013 it would buy an additional $50 billion of American-made products by 2023, which would bring total spending on domestically-sourced goods to $250 billion.
The retailer had been under pressure from unions and other critics who have said the company's drive for low-cost goods was undermining American jobs. (SH)
Fibre2Fashion News Desk - India