WalMart Goes West, In China
In an aggressive move to expand its presence in western
China, WalMart plans to open a 4-level 40,000 square meter
store in Chongqing in Sichuan province.
Such a move would be the company's first store in the
city of 20 million. A team of WalMart China personnel,
led by their general manager Zhong Haowei, arrived in
the city on July 4 to select a 30-acre piece of land at
Jioulongpo in Chongqing. This will be the site of WalMart's
flagship store in Chongqing. It is not yet known when
the store will open.
After the Jioulongpo store opens, WalMart will open another
store in Nanping, also in Chongqing. Sam's Club has already
entered China, and has a store in Beijing.
WalMart's China headquarters and distribution center
is in Shenzhen, across the border from Hong Kong. The
number of stores in China now totals 26.
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