Beijing

Wal-Mart Stores Inc. plans to expand its footprint in China by nearly a third by opening 115 new stores by 2017, the firm's chief executive said, in a renewed push to lure China's grocery shoppers despite slowing growth. "Our aim is to become an integral part of China's economy," Chief Executive Doug McMillon said at a news conference in Beijing on Wednesday. Wal-Mart's new push in China comes as global supermarket firms seek ways to tackle slowing growth in the world's second-biggest economy.

Eighty-five-year-old Chicagoan Martin Shafron, a self-described "computer illiterate," steps into the rotunda-like entrance of AT&T's flagship store in the city's high-end retail district known as the Magnificent Mile. Though Shafron doesn't realize it, he's also smack in the middle of a retail revolution showing off its gadgetry and pageantry from here to Beijing.

 

BEIJING — Speaking at an event in Beijing, Walmart president and CEO, Mike Duke, outlined Walmart's plans to create a more sustainable global supply chain. "Today I'm proud to announce a series of steps and commitments that will make Walmart's supply...

Tags: Retail - Electronics, Specialty Stores, Technology Apple will open its largest retail store in Asia this weekend, employing more than 300 workers at the new Beijing location. According to an article on xinhuanet.com, Apple is looking to step up...

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