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Thursday   9 /26 /2002


Wal-Mart opens new outlet

Wu Yan

  

  

  WAL-MART China will open a new supercenter in Shenzhen today, its eighth in the city and 22nd in China.

  The opening will be marked by a donation of goods worth 100,000 yuan (US$12,000) to the neighborhood’s senior citizens.

  Located inside the Baihua Building in Shangbu Road, south of the Shenzhen Stadium, the new shop covers an area of 18,700 square meters with parking for 100 cars.

  The supercenter’s first floor serves as a checkout counter while also selling cosmetics. The second floor is the food department and the third floor is for clothing and household electronic appliances among other things.

  According to a spokesperson, 95 percent of its more than 20,000 commodities are made in China.

  Nikita Huang, a public relation officer with Wal-Mart China, said the new outlet represented an investment of 40 million yuan with 500 job opportunities.

  Wal-Mart China has employed 12,000 people throughout the country since first opening in China in Shenzhen in 1996.

  By the end of this month, Wal-Mart will have opened 4,546 outlets throughout the world, employing a total of 1.38 million people.

  

  

  

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