Store giants 'seek growth abroad'
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International expansion is becoming increasingly important to retailers as they face fierce competition at home, a report says.
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While cities challenge expansion plans, the retail giant touts benefits.
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Wal-Mart Stores Inc, the world&#39;s largest retailer, said it plans to open as many as 15 new stores in China next year, expanding in the world&#39;s fastest-growing economy as the government lifts curbs on foreign store operators.
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The furniture company is retooling to take advantage of lower-cost imports, but will that be enough to kick-start growth?
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Growing demand for resources in Asia is being served by a group of big Western companies.
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Search giant will also expand this week into key markets in Asia, Canada and Europe.
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Although India still gets the bulk of U.S. offshoring dollars, the number of countries companies are eyeing is expanding as they seek specific IT skills and follow-the-sun delivery.
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Retailers in the region soon will have some new competition, and shoppers will have more choices about where to spend their money.
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The retail giant said it would shift capital away from its American stores and into overseas expansion, which will account for the bulk of its growth in the years to come.
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The chemical company is looking to grow all over the world.
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Wal-Mart Stores Inc. is interested in moving into Russia after strong growth in that giant country's retail spending, the world's largest retailer said Monday.
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Faced with lagging sales and a plummeting stock, the computer maker tries a new tack: retail stores
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Business & money: Retail group expects to hit profit forecasts as company boss puts his hopes in store revamps.
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Several large international supermarkets, with square footage rivaling the big U.S. chains, have opened in the region, replacing small family-run businesses.
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Virtual worlds, mobile coupons and  bar-code readers on cell phones are the next technology wave  that U.S. chain stores must ride if they hope to stay  competitive in the fast-changing world of global retail.
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NEW DELHI, Nov. 25. âThe Centre plans to open the doors to foreign direct investment (FDI) in the retail segment so long as it does not impact the domestic retailers in the same sector.
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In a global economy where consumers   are holding back, Britain's biggest food retailer Tesco   TSCO.L is gearing up for increased competition with its U.S.   rivals, a senior executive said on Wednesday.