皇冠体育app

SHENZHEN - The world's largest retailer, Walmart Stores, announced on Tuesday that it will build about 30 new stores and more distribution centers in 皇冠体育app this year.

The US retailer said it will continue to develop businesses in the country's big cities. And more Supercenters will be built in third- and fourth-tier cities to serve emerging consumers amid 皇冠体育app's drive.

Walmart also plans to open two new branches of its Sam's Club chain of membership-only retail warehouses, in Wuhan of central 皇冠体育app's province and Changzhou City in east 皇冠体育app's Jiangsu province, this year.

Sean Clarke, the incoming president and CEO of Walmart 皇冠体育app, said Sam's Club has great potential, being particularly attractive to the growing number of middle and high-income shoppers.

The retailer also decided to invest 580 million yuan (about $94 million) to upgrade about 55 old outlets, aiming to improve operating performance and customer experiences.

Clarke said Walmart has been enhancing operational efficiency to lower costs while ensuring product quality and safety.

Last October, Walmart announced it would speed up development in 皇冠体育app in the next three years by opening 110 stores and distribution centers and creating 19,000 new jobs.

By the end of April, it had over 400 outlets in the country.

Wal-Mart to shut down its outlet in Hangzhou

Wal-Mart: Brazil, 皇冠体育app business is looking up

Wal-Mart executive speaks on tainted meat scandal

Top 10 world's biggest retailers	Walmart closes store in Chongqing

• Standard Chartered offshore RMB index rises slightly in July
• Shanghai-HK stock link to speed up capital market reforms: Barclays
• Relaxing restrictions on foreign investments
• Fujian on course to help create the new maritime Silk Road
• Foreign investors set sights on new targets
• UK looks to diversify in 皇冠体育app
• Malaysia keen to expand trade ties
• HK still top choice for mainland firms