Business Intelligence on Retailing, Franchising, and Consumerism in China

Wal-Mart Opens Second Store In Nanchang

This week, Wal-Mart celebrated the grand opening of Wal-Mart Supercenter Jiefang Road West Store, its second store in Nanchang, Jiangxi Province.

At the opening ceremony, Nanchang Mayor Li Douluo expressed his welcome to Wal-Mart and appreciation for its investment in Nanchang city. He said, the new store will further promote the local circulation and manufacture industry and help build the city’s image.

Stanley Yu, Vice President and COO of Wal-Mart (China) Investment Co., Ltd., said that Wal-Mart had operated 63 outlets in 32 cities since it entered China ten years ago. Up to now, Wal-Mart has employed nearly 32,000 associates in China with an investment up to RMB1.7 billion.

This new Wal-Mart Supercenter has a floor area of 18,000 square meters. It offers nearly 20,000 goods, including fresh foods, apparel and household electrical appliances. It also has special service areas featuring optical service, jewelry service and photo service.

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