We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Wal-Mart Unveils Strategy For Regaining Growth For International Business

August 5, 2014: 12:00 AM EST
Wal-Mart has to create a “platform for sustainable growth in China” and revive its operations in Brazil in order for the world’s largest retailer to regain growth mode for its international division, according to Wal-Mart international CEO David Cheesewright. During an interview with the Wall Street Journal, the CEO also said Wal-Mart’s international growth strategy should also involve reenergizing its Mexico business and becoming a leader in the ecommerce segment. Cheesewright acknowledged the problems encountered by the retailer, including the slowdown in sales growth at its 6,100 international stores to 1.3 percent in the year ending January 31, 2014. Wal-Mart also has to deal with slowdowns in consumer spending in Mexico and China and regulatory uncertainties in India and China.
Shelly Banjo, "Wal-Mart's Strategy to Jump Start Growth in China", Wall Street Journal, August 05, 2014, © Dow Jones & Company, Inc.
Domains
China Business
Focus Areas
Sectors
Retail
Market News
Regulation & Legislation
Geographies
Worldwide
North America
Asia-Pacific
Latin America
United States of America
Mexico
China
India
Brazil
Categories
Companies, Organizations
Market News
Developed by Yuri Ingultsov Software Lab.