Walmart China to expand with 110 new stores
Quotes

Walmart China to expand with 110 new stores

Last Updated: Friday, October 25, 2013, 17:10
 
 Comment 0
 
Walmart China to expand with 110 new stores
Beijing: Retailer store Wal-Mart has announced it will open 110 new outlets in China within three years.

The United States-based company will also invest in higher-growth sectors, such as e-commerce and real estate, the China Daily reports.

Walmart China president and chief executive officer Greg Foran said that the company is focusing more on investment and development in China, while giving precedence to quality over quantity.

According to the report, the retailer has already opened 30 new stores and Sam''s clubs in China within one year.

The expansion plan includes more stores in third-tier and fourth-tier cities between 2014 and 2016, the report added.



ANI

First Published: Friday, October 25, 2013, 17:10


Comments


comments powered by Disqus
Hyundai 4S Fluidic Verna
Hyundai 4S Fluidic Verna
Top 5 anticipated luxury cars of 2015
Top 5 anticipated luxury cars of 2015
Top 5 anticipated smartphones of 2015
Top 5 anticipated smartphones of 2015
World Economic Forum 2015
World Economic Forum 2015
G20 Summit 2014
G20 Summit 2014

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved