Wal-Mart growing globally
March 23, 2005,
NEW YORK — Wal-Mart Stores has plans to add 55 million square feet of new space at a cost of $14 billion, executives said during the company’s presentation on Wal-Mart International at the Merrill Lynch Retailing Leaders conference.
"We believe that there are a number of countries we currently operate in where we can grow tremendously," added Fitzsimmons, citing the examples of Brazil and China . Wal-Mart only operates 44 stores in China , but plans to dramatically grow this number.
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