Wal-Mart to buy stake in China retailer
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Wal-Mart is buying a 35 percent stake in a company that operates Trust-Mart, a major Chinese discount chain, as international competitors jostle for position in China's rapidly growing retail market.
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Wal-Mart Stores Inc. is launching a new share repurchase plan in which it will buy back $10 billion of company shares. The plan replaces a previous plan in which the company was buying back $7 billion worth of shares.
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TOKYO : Shares in ailing Japanese retailer Daiei Inc. jumped 16 percent after US giant Wal-Mart Stores Inc. confirmed it was interested in aiding the firm&#39;s revival.
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Walt Disney Co and four Chinese investment firms are set to take an 11 percent stake in the National Basketball Association's Chinese subsidiary, the professional basketball league said on Monday.
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China&#39;s Communist Party-controlled union is ready to help Wal-Mart Stores Inc. set up union branches at its Chinese stores &quot;as soon as possible,&quot; the official Xinhua News Agency reported Thursday.
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Wal-Mart is to allow its Chinese employees to join a trade union following pressure from the Chinese authorities.
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U.S. home improvement retailer Home Depot Inc.  said on Wednesday it had signed an agreement to buy Chinese home improvement retailer The Home Way, marking its first foray into retailing in China.
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Wal-Mart , the world's largest  retailer, said on Monday it acquired a 35 percent stake in  Chinese supercenter operator Bounteous Company Ltd., expanding  its presence in the world's most populous country.
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Wal-Mart Stores Inc., the world&#39;s largest retailer, plans to open as many as 15 new stores in China next year, competing for a foothold with Carrefour SA and Metro Group as the government lifts curbs on foreign retailers.
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Wal-Mart, the world's biggest retailer, said Tuesday it had bought 35 percent of the Taiwan-owned Trust-Mart hypermarket chain, which operates 101 stores in China.
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Discount retailer Kmart Holding Corp. (KMRT.O: Quote, Profile, Research) will buy department store operator Sears, Roebuck &amp; Co.
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SHANGHAI : Global retail powerhouse Wal-Mart says it will allow unions in its stores in China but insisted this has always been the case and that the company is in compliance with the law on the issue.
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The world's largest retailer Wal-Mart has tied up with Bharti Enterprises, India's top private phone company parent, to enter the fast-growing retail market, Bharti's chairman has announced.
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U.S. home improvement chain Home Depot Inc.  said on Wednesday it would buy Chinese retailer The Home Way, marking its first foray into retailing in fast-growing China.
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BEIJING, Dec. 23 -- The US retail giant Wal-mart will open its first outlet in Shanghai next year and also move its headquarters there.
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Southeast Asia&#39;s largest property developer CapitaLand Ltd. said Thursday it is teaming up with a Chinese state-linked group to buy and manage a slew of mainland shopping malls whose tenants include Wal-Mart Stores Inc.
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FAYETTEVILLE, Arkansas  - Wal-Mart Stores Inc.  said on Friday that it will slow growth of its supercenters as it tries to improve sales at its U.S. stores and will also buy back $15 billion of stock, sending the world's largest retailer's shares up 4 percent.