Wal-Mart lays out China growth plan
Retail Editor 3 -- Home Textiles Today, October 24, 2013
Wal-Mart Stores ceo Mike Duke and Wal-Mart China ceo Greg Foran visited stores in China yesterday.
The company will open 110 new stores in China over the coming three years under the superstore and Sam's Club formats, it announced yesterday. It will also remodel 45 units this year, 55 next year and 65 in 2016. Wal-Mart's recently opened distribution center in Wuhan will be joined by another DC in Shenyang. The company plans to open additional DCs next year.
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