Tagged: yihaodian

Wal-Mart Plans to Slow New Store Openings, Invest in Online

by Anne D'Innocenzio, The Associated Press 10/6/2016 6:48 am

Wal-Mart Stores Inc. is planning to slow new store openings as it looks to pour more money into its online efforts, technology and store remodels. The retailer also says it anticipates fiscal 2018 earnings per share being about flat versus its fiscal 2017 adjusted earnings per share.

China's Commerce Ministry Removes Curbs on Wal-Mart's Yihaodian Deal

by Donny Kwok, Reuters 6/8/2016 10:39 am

China's Ministry of Commerce has removed restrictions on Wal-Mart Stores Inc.'s deal in 2012 to raise its stake in online supermarket Yihaodian, and said the move would not affect the already competitive market.

Wal-Mart Buying Remaining Stake in China's Yihaodian

by Associated Press 7/23/2015 6:51 am

Wal-Mart has purchased the remaining stake in Chinese online retailer Yihaodian as it looks to expand its presence in the country and take advantage of the shift to online shopping.

WSJ: Wal-Mart Looking to Add More Sam's Clubs in China

by Lance Turner 12/18/2013 8:29 am

The Wall Street Journal checks in with the world's largest retailer's China operations and finds Wal-Mart Stores Inc. looking to add 10 Sam's Club warehouse stores per year in over the next six to seven years.

Wal-Mart to Open Up to 110 New Stores in China

by Associated Press 10/28/2013 10:20 am

Wal-Mart Stores Inc. plans to open up to 110 new stores in China in the next three years while the world's largest retailer seeks to make the business there more profitable.

Wal-Mart Completes Investment Deal for Chinese Online Retailer Yihaodian

by Lance Turner 10/29/2012 9:28 am

Wal-Mart Stores Inc. of Bentonville has increased its investment in the holding company of Yihaodian, an online retailer in China. Wal-Mart now owns 51 percent of the company.