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Walmart China Plans To Expand Operations In Shenzhen

August 6, 2014: 12:00 AM EST
Walmart China plans to expand its business operations in Shenzhen, location of the retailer’s headquarters, according to the company’s president and CEO Sean Clarke. Included in the company’s planned expansion moves are a pilot of its Online to Offline retail model, which includes leveraging its majority-owned online grocer Yihaodian. Also, Walmart plans to double the number of stores it operates in Shenzhen from the current 24 Supercenters and two Sam’s Club.
"Walmart to pilot O2O in Shenzhen", Retail Analysis, August 06, 2014, © IGD Services Limited
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