Wu-Mart' s expansion project
China
Wednesday 06 February 2002
Wu-Mart, the Chinese retailer, has announced its expansion project of its store network from 170 to 1 800 within five years in order to be able to compete with international banners. The group plans the opening of supermarkets, but also hypermarkets and convenience stores. It will also pursue its low-price strategy, supported by a centralised supply-chain operated in collaboration with Tibbett & Britten.