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在线翻译:
szdaily -> Business
Walmart to open 40 more stores in GD
    2017-April-24  08:53    Shenzhen Daily

    Liu Minxia

    mllmx@msn.com

    THE world’s biggest retailer, Walmart, plans to open 40 new stores and a delivery center in Guangdong Province in the coming five years, reiterating its commitement to investing in the province where it first set foot on when entering the China market.

    It also agreed to furthering cooperation with the Guangdong Provincial Government in local procurement, retailing innovation, green supply chains, among other plans that it expects will help it grow in a key Chinese market.

    With 92 stores in Guangdong at present, Walmart said it will open eight more new stores this year and will for the first time enter Puning City in eastern Guangdong and Qingyuan in northwestern Guangdong. The retailer, which saw revenue of its China division grow by 3.1 percent to nearly US$500 billion in the previous financial year (February 2016 to January 2017), is also upgrading its cold chain system in the province by building a cold chain delivery center, which will be its first in China to be built according to its international standards.

    Guangdong has been a major procurement market for Walmart, which promised to help more Guangdong-made produce and products enter its global retailing system in the future.

    The retailer remodeled 60 old stores and opened 24 new stores in China last year, including 21 supermarkets and three Sam’s Club stores. It said earlier that it expects to open up to 40 new stores this year in China, and three to five will be Sam’s Club outlets. One of the new Sam’s Club outlets will be in Shenzhen, where there are already two Sam’s Club stores.

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