国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

Walmart rolls out robust expansion program

By Wang Zhuoqiong (China Daily) Updated: 2014-05-21 06:44

Walmart rolls out robust expansion program

Company plans to open several Sam's Clubs, 28 more supercenters in China

The world's largest retailer by sales, Wal-Mart Stores Inc, will open approximately 30 retail stores and additional distribution centers in China this year after shuttering several underperforming stores.

The new stores will comprise 28 supercenters and two Sam's Clubs. Supercenters will continue to open in first- and second-tier cities, such as Shanghai, Changchun of Jilin province and Wuhan of Hubei province, but also in lower-tier cities, including Fuyang of Zhejiang province and Xingtai of Hebei.

Walmart rolls out robust expansion program

Walmart rolls out robust expansion program
The strategy will allow the company to better serve emerging groups of customers created by the country's ongoing urbanization, according to Walmart.

Its two new Sam's Clubs - Walmart's high-end membership format - are in Wuhan, Hubei province, and Changzhou in Jiangsu province. In fiscal 2014, which ended on Jan 31, 12 new warehouse stores opened, with net sales increasing 1.3 percent to $57.2 billion.

Sean Clarke, Walmart China's incoming president and CEO, said that Sam's outlook is promising, and since this business model is especially relevant to burgeoning middle-income and upper-income consumers, and many Chinese cities are well-suited for this format, the growth of the Sam's Clubs in Walmart China's portfolio should remain strong for years to come.

Clarke said this year that Walmart will focus on long-term investment and steady, quality growth.

"To do this, we are optimizing our operations in China, investing in more stores and distribution centers, enhancing operational efficiency to lower our costs, improving price leadership while ensuring product safety and quality, and helping our customers save money so they can live better," he said.

Last October, Walmart announced plans to accelerate development in China by opening up to 110 new facilities between 2014 and 2016, including stores and distribution centers.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
安岳县| 泽普县| 浦城县| 开封市| 沈丘县| 大连市| 岫岩| 叙永县| 永丰县| 吉木萨尔县| 玉环县| 巩留县| 凤山县| 阿拉善盟| 察雅县| 扬中市| 广南县| 奉贤区| 南丹县| 东城区| 襄城县| 民勤县| 锦州市| 中江县| 峨边| 瑞安市| 太白县| 林西县| 无棣县| 色达县| 大兴区| 富锦市| 邹城市| 青川县| 黄陵县| 郑州市| 揭阳市| 子长县| 河西区| 孝义市| 通化市|