Business Intelligence on Retailing, Franchising, and Consumerism in China


Wal-Mart Plans More China Hires

The chief executive of Wal-Mart Asia, Joe Hatfield, has disclosed that the retailer plans to take on 150,000 people in China over the next five years.

This figure is five times the number it currently employs in the country.

This year the company plans to open 20 stores in China, as new stores are planned for smaller Chinese cities.

Barring any major economic upheaval, Wal-Mart's China operations could be as big as its US business in 20 years, according to Hatfield.

However, the biggest challenge is finding staff, and Hatfield said he has asked Wal-Mart to set up a university degree programme in China to train future employees to work in jobs ranging from master bakers to accountants.





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