February 23, 2012

News this week that Walmart acquired a majority stake in one of China’s fastest growing e-commerce companies positions Walmart to become a dominant multichannel player in China far faster than it ever would have on its own.

January 13, 2011

Retailers at NRF’s convention this week got a citing of Bill Fields, a former Walmart executive who spent 25 years with the company serving in various roles from 1971 to 1996. Today Fields is chairman of a group called China Horizon, a joint venture with the Chinese postal service charged with helping to develop retail and consumption in rural China, and it was the topic of China that Fields addressed during the super session: “Making the retail business dynamic,” sponsored by Microsoft.