Walmart plans to open 40 of its high-end membership Sam’s Club stores in China by 2020 as it continues to expand its retail footprint.
The US retail giant currently operates 23 Sam’s Club stores across 19 Chinese cities and boasts around two million members.
The stores, which offer quality fresh produce and membership products for customers, have been growing steadily since launching in 1996.
The Sam’s Club stores are part of Walmart’s China business, which also includes hypermarkets and compact ‘community-based’ small supermarket businesses. Walmart also operates an online grocery delivery business JD Daojia, through a partnership with JD.com, as well Read full story ›
Source: The Drum
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