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Wal-Mart Will Enter Yangzhou Next Year
April 11, 2006 | By ChinaRetailNews.com Editor |
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Wal-Mart's plan to enter Yanzhou at the end of this year will be postponed until next year because of an adjustment in the construction of another project at Hong Kong Jiadun Department Store.
According to a representative from the Huiyang District Trade Bureau in Yangzhou, with the RMB100 million investment from the investor Shenzhen International Investment Trust being put into place, the construction of Yangzhou Wal-Mart and the Hong Kong Jiadun Department Store will be completed by the end of this year and the store will open in the first half of next year.
Wal-mart has set up stores in more than 20 cities in China.
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