Retail giant Wal-Mart will open its first outlet in Guangzhou in November 2009.
Located in Guangzhou's Panyu district, the new outlet will be a Sam's Club, with a business area of 12,000 square meters and a total investment of USD30 million. The new store is expected to be completed and opened in November 2009.
At present, employees of this new store are promoting membership cards to the nearby communities, including Country Garden. Unlike Wal-Mart supermarkets, Sam's Club requires a membership card and consumers need to pay for this membership card to enjoy the lower prices of products in Sam's Club. The Guangzhou Sam's Club plans to enroll 90,000 members.