2013-10-21
Wal-Mart To Shut 25 Underperforming Stores In China In 2014
Scott Price, president and chief executive officer of Wal-Mart Asia, revealed at an investor meeting that the company plans to close 25 underperforming stores in China during 2014. Price further revealed that the sales of those 25 stores only accounted for 2.5% of Wal-Mart's total sales in China. A representative from Wal-Mart China said after […]