Wal-Mart China Sales Up 5.1% In Q1 2016
Due to the strong performance of its Chinese stores during the Chinese New Year, Wal-Mart China's total sales increased by 5.1% in the company's latest reporting period.
Due to the strong performance of its Chinese stores during the Chinese New Year, Wal-Mart China's total sales increased by 5.1% in the company's latest reporting period.
Wal-Mart recently signed a strategic cooperation memorandum with the southern Chinese municipal government of Dongguan to build eight new stores and a logistics distribution center that will cover the entire South China region in the…
Wal-Mart China announced that the company has invested nearly CNY80 million in upgrading existing stores in Fuzhou, Fujian province.
Wal-Mart China will open about 30 high-quality stores and more distribution centers as an important step for its three-year development plan announced in October 2013, according to a recent company statement.