Headlines

Clubbing in Beijing

Wal-Mart opens Sam's Club in Chinese capital

Published

21 years ago

July 11, 2003

admin1

Wal-Mart Stores Inc. (Bentonville, Ark.) has opened its first outlet in Beijing, testing a members-only Sam's Club warehouse in the Chinese capital ahead of the planned launch of three of its Supercenter stores there.

The new warehouse club, in suburban western Beijing, offers about 4000 products. Shoppers pay 150 yuan ($18) to join.

Thus far, Wal-Mart has opened a total of 26 outlets in China. The company also plans to bring three of its Supercenter stores to Beijing, which will offer everything from groceries to clothing.

Retail sales in China, the world's fastest-growing major economy, grew 8.8 percent in 2002, and the government is aiming for 10 percent growth this year.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design