Wal-Mart To Buy Chinese Chain
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
Bentonville is coming to Beijing: Wal-Mart Stores Inc. has announced its intentions to buy a chain of discount stores in China for about $1 billion, the Wall Street Journal reported.
The deal is expected to give the world’s largest retailer the biggest food and department store network in China.
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