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ArtikelAll Eyes on Chinese Aisles; Retail in China  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist ( vol. 399 no. 8734 (May 2011), page 65-66.
Topik: International; Superstores; Business Conditions; Competition; Market Strategy; Retailing Industry
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Isi artikelChina is the world's fastest-growing major retail market, and may one day be the biggest. Foreign chains such as Carrefour, Walmart and Tesco are piling in. Yet none of them nor any of their local rivals comes close to dominating China as Walmart dominates the supermarket business in America. A comparison of Walmart's Chinese operations with those of Wumart, a Beijing-based chain, is illuminating. Wumart is cheaper. Walmart is considered fancier. Today Walmart has 338 shops in 124 Chinese cities. Wumart today has 469 shops with annual sales of 14 billion yuan ($2 billion).
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