Report says Walmart adding 100 stores in GuangdongBusiness | 19 Aug 2019 7:21 pm
US retail giant Walmart is expected to add 100 new stores in Guangdong province in the next five years, according to Monday's Shenzhen Special Zone Daily, Xinhua reports.
The stores will include the company's Sam's Club warehouse stores, shopping centers and community stores, as the company continues to increase investment in the province, according to the paper.
Walmart has released plans to add 16 new Sam's Club stores to its existing 24 such stores on the Chinese mainland by 2020.
In March, the company set up a fresh food distribution center in Guangdong, its biggest investment project in China since its entry 23 years ago.