The Business Times
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Walmart to open 115 new stores across China

Published Wed, Apr 29, 2015 · 09:50 PM

    Beijing

    GIANT US retailer Walmart Stores Inc plans to expand its footprint in China by nearly a third by opening 115 new stores by 2017, the firm's chief executive said, in a renewed push to lure China's grocery shoppers despite slowing growth.

    "Our aim is to become an integral part of China's economy," chief executive Doug McMillon said at a news conference in Beijing on Wednesday. "China is a top priority."

    Walmart

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