L'Oreal Launches New Shampoo Brand In China
The world's leading cosmetics group L'Oreal launched a new shampoo brand in the Chinese market called Ultra Doux, which is now available in Wal-Mart stores across the country.
Walmart
Wal-Mart Plans 30 New Chinese Stores In 2014
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.
Wal-Mart Announces Management Changes In Asia
Scott Price, current president and chief executive officer of Wal-Mart Asia, will be transferred to Wal-Mart's global headquarters in Bentonville, Arkansas, to be executive vice president and senior management executive, leading international strategy and development,…
Walmart's Chinese E-Commerce Website Hits New Highs
According to Yu Gang, chairman of Yihaodian.com, this Chinese B2C e-commerce website realized sales of CNY11.54 billion in 2013.
Wal-Mart To Expand Shenzhen Distribution Center Capacity
Wal-Mart plans to expand its existing distribution center in Shenzhen to 300,000 square meters as it more closely adheres to its model in America and other developed countries.
Yihaodian's Open Supply Chain Platform Gains Over 400 Partners In China
Yihaodian.com, a Chinese B2C e-commerce website and a subsidiary of Wal-Mart, announced that since the launch of its open supply chain platform named "Service by Yihaodian" in June 2012, this project has attracted over 400…
Wal-Mart To Invest CNY500 Million For New Stores In Guizhou Over Next Five Years
The world's retail giant Wal-Mart has announced that it will invest CNY500 million to build new stores in Guizhou's Anshun, Kaili, and Duyun in the next five years.
One More Executive Leaves Wal-Mart China
According to reports in Chinese local media, Shawn Gray, operating vice president of the Chinese region of Wal-Mart Stores Inc., has resigned.
Walmart Forms Strategic Partnership With Yihaodian.com In China
Yihaodian.com, a Chinese business-to-consumer shopping website, has announced that it has reached a strategic cooperation agreement with Walmart Stores Inc. to jointly develop services for the Chinese retail market.
Top Executives Quit Walmart China
Roland Lawrence, Walmart's chief financial officer for China, and Rob Cissell, the chief operating officer in the country, have reportedly resigned their positions.