Walmart Will Open 15 New Stores in Hubei

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Walmart, the world’s largest chain retailer, signed a memorandum of strategic cooperation with Hubei on March 30, planning to open 15 new stores and create 6,000 jobs for Hubei within the following three years.

According to the memorandum, Walmart will expand investment and carry out cocoperation with Hubei in local procurement, e-commerce, energy saving, corporate social responsibility and other fields.

Since 2004 Walmart entered Hubei, it has opened 30 stores, including the Sam’s Club. And last year, Walmart achieved its best performance in China in nearly five years.