Wal-Mart Buys Stake in Retail Chain to Gain Stronger Presence in China
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The worldâs largest retailer continues to solidify its presence in China by buying a 35% share of the owner of the Trust-Mart chain.
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Wal-Mart Stores Inc  will spend up to 100 billion yen ($878 million) to buy out minority shareholders in Japanese supermarket unit Seiyu Ltd  in an effort to turn around the money-losing chain.
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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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Top U.S. consumer electronics retail chain Best Buy Co. Inc.  is speeding up its expansion in China, banking on robust demand in a fast-growing market that it entered just one year ago.
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Wal-Mart Stores Inc., the world's largest retailer, said Tuesday that third-quarter earnings increased nearly 13 percent year-over-year on strong international sales and higher same-store sales at the company's Sam's Club stores.
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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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China's Communist Party-controlled union is ready to help Wal-Mart Stores Inc. set up union branches at its Chinese outlets "as soon as possible," reports and union officials said Thursday.
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Wal-Mart Stores Inc., the world's largest retailer, said Tuesday its renewed focus on low prices paid off with a 4 percent rise in profit for its fourth quarter as holiday shoppers bought discounted groceries and home electronics as well as health and wellness products.
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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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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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Capitalist icon Wal-Mart, the world's biggest retailer, now has its first communist party branch.
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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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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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China&#39;s leading trade union group says it will help multinationals in China including Wal-Mart to set up their own trade unions as soon as possible.
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Wal-Mart moved closer to cracking open one of the last lucrative frontiers for Western retailers today when it announced a joint venture to open stores in India.
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Wal-Mart shares surge on capital reallocation plan that slows expansion.
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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.