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retail-features

Live Turtles and Makeup: Wal-Mart's China Growth Key to Retailer's Future

Wal-Mart is shifting its expansion in China, the world's fastest-growing economy, into high gear after a decade of cautious growth.

By
with contributions from Vicki Rothrock
retail-features/news
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WAL-MART IN CHINA
  • Stores: 46
  • Annual sales: About $1 billion
  • Daily transactions: 450,000
  • Average sale: $5
  • Growth plans: 30 to 50 percent square footage annually
  • Main rivals: Carrefour, Makro Cash & Carry, Tesco plc, Metro AG
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