you're reading...
China Daily Mail

Walmart International focusing on own business over deals

China Daily Mail

Wal-Mart Stores is emphasising improving results in international markets where it already operates, such as China, over entering new markets, its top international executive said on Thursday.

“Our focus this year in particular has been on improving returns with our existing businesses,” said Doug McMillon, chief executive officer of Walmart International.

The company is working on the key markets of China and Brazil, he told investors and analysts at a meeting in Toronto that was also webcast.

China is getting ready to move to an everyday-low-price model, he said. Brazil has already switched over to that Walmart way of offering low prices at all times rather than relying on certain sale items.

In China, some new stores have not been as strong as Walmart would like, he said. Walmart China also dealt with a pork mislabelling issue last year that led to the temporary closure of some stores, and big…

View original post 186 more words


About Craig Hill

General Manager at Craig Hill Training Services * Get an Australian diploma by studying in your own country * Get an Australian diploma using your overseas study and work experience * Diplomas can be used for work or study in Australia and other countries. * For more information go to


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


407 Training Visas

Get An Australian Diploma

Learn How To Sell Real Estate To Chinese Buyers

Learn How To Sell Real Estate To Chinese Buyers

Join 1,672 other followers

China Daily Mail Latest Headlines On Twitter

Twitter – China Daily Mail

%d bloggers like this: