Signage for the first Wal-Mart Supercenter in Shanghai, one of more than 180 stores the retail giant owns in China. It holds an interest in additional 104 Trust-Mart stores there.
Reuters reports today that Wal-Mart Stores Inc. of Bentonville is considering a bid for the Hutchison Whampoa Ltd. conglomerate's ParknShop chain, a supermarket group controlled by Asia's richest man, Li Ka-shing.
All this, as Wal-Mart continues to push forward with expansion plans in China.
Wal-Mart isn't commenting on the report. Reuters cited sources "familiar with the matter."
- Heartbleed? No Need for Heart Attack, We've Got Help, Advice
- CMS Database Shows Medicare Payments to Doctors, Others in 2012
- NY Post Reports Alice Walton Might Be Buyer of $70M Penthouse
- Home BancShares' 1Q Profit A Record, Up 56 Percent 12 hours ago
- Simmons First 1Q Profit Down 27 Percent 11 hours ago
- Rickenbach Indictment Reveals More Details of One Bank Under Scooter Stuart 4 days ago
- Simmons Name Appears on Arkansas' Tallest Building 1 day ago
- Wal-Mart CEO Doug McMillon, Wife Give $1M to UA Walton Business College 12 hours ago