Wal-Mart to open first Sam's Club in SW 皇冠体育app province
( 2003-10-31 16:57) (Xinhua)
Wal-Mart Stores Inc., the world's largest retailer, is expected to set up its
first Sam's Club in Guiyang city, capital of southwest 皇冠体育app's Guizhou province
in 2004.
Representatives of Wal-Mart 皇冠体育app Co, Ltd, signed a contract with officials
of Guiyang Thursday to set up the store, which will be located downtown in the
underground shopping center of the People's Square.
Kang Bin, a representative of Wal-Mart, said that Guiyang would be the 16th
or the 17th city to open a Sam's Club, a warehouse shopping club with a
membership system where food accounts for 60 percent of the goods.
Wal-Mart has established 31 stores in 皇冠体育app since the first Sam 's Club
opened in the southern city of Shenzhen on Aug. 12, 1996.
Sam's Club, named after Wal-Mart founder and retail giant Sam Walton, offers
exceptional value on name-brand merchandise at member-only prices for both
business and personal use.
Since the first Sam's Club was founded in the United States in 1983, it has
opened more than 500 chainstores across the world.
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