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Wal-Mart to Open 13 Stores Next Year

 
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PostPosted: Tue 12:03, 08 Mar 2011    Post subject: Wal-Mart to Open 13 Stores Next Year

The world top retailer, Wal-Mart, will open another 13 stores in China next year to increase the total to 62, the Economic Daily reported Tuesday.

These 13 stores,[link widoczny dla zalogowanych], most at shopping plazas besides and including one or two Sam Club stores, will be scattered in the current operating regions of Wal-Mart in China, said President and CEO of Wal-Mart Lee Scott Monday in Beijing, the last stop of his annual trip to China,[link widoczny dla zalogowanych], which covered some major cities of the country including Shanghai,[link widoczny dla zalogowanych], Wuhan, capital of central China's Hubei Province,[link widoczny dla zalogowanych], and Changsha, capital of central China's Hunan Province.

Besides developing the great potential of metropolitan cities like Beijing and Shanghai, Wal-Mart has also been paying much attention to China's medium- and small-sized cities and is planning to move westward with a view to the country's surging economic growth, said Lee Scott.

Wal-Mart pledged to practise a universal standard inside and outside the United States in its service and the use of newly introduced environment-friendly packaging material, the Economic Daily reported.

The new corn plastic packages that can be degraded and reused and were introduced into all packaging in the U.S. Wal-Mart stores on Tuesday, will be put into use in China too according to a timetable currently being worked on, Lee Scott said.

The Chinese market is ranked No. 1 among Wal-Mart's overseas outsourcing.

Wal-Mart has 27,000 employees in China, and only four of them are foreign nationals.

Initially a little cautious in its development in China, Wal-Mart has opened 49 stores in 23 cities so far, including Beijing, Shanghai, southwest China's Chongqing Municipality,[link widoczny dla zalogowanych], Shenzhen city in South China's Guandong Province, and Dalian of northeastern Liaoning Province.


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