Content about Shenzhen

December 19, 2013

Walmart China CEO Greg Foran reiterated the company’s goal of accelerating Sam’s Club growth in the coming years with several published reports indicating the pace of Sam’s Club openings may eventually reach 10 units annually.

May 26, 2011

The resignation of two top executives at Walmart China earlier this week initially seemed a rather stunning development given China’s importance to Walmart’s future and the fact that the company just held an analysts meeting in Shenzhen in late March. However, Walmart is now looking to capitalize on compelling growth prospects in the world’s second largest economy without the services of CFO Roland Lawrence and COO Rob Cissell. Walmart announced their simultaneous departure, but did not identify replacements. Ed Chan currently serves as president and CEO of Walmart China and Scott Price serves as president and CEO of Wal-Mart Stores Asia.

May 26, 2011

The resignation of two top executives at Walmart China earlier this week initially seemed a rather stunning development given China’s importance to Walmart’s future and the fact that the company just held an analysts meeting in Shenzhen in late March. However, Walmart is now looking to capitalize on compelling growth prospects in the world’s second largest economy without the services of CFO Roland Lawrence and COO Rob Cissell. Walmart announced their simultaneous departure, but did not identify replacements. Ed Chan currently serves as president and CEO of Walmart China and Scott Price serves as president and CEO of Wal-Mart Stores Asia.

May 24, 2011

Walmart will be looking to capitalize on compelling growth prospects in China under the leadership of new senior executives following the simultaneous departure of CFO Roland Lawrence and COO Rob Cissell.

May 24, 2011

Walmart will be looking to capitalize on compelling growth prospects in China under the leadership of new senior executives following the simultaneous departure of CFO Roland Lawrence and COO Rob Cissell.

March 31, 2011

With 329 stores in China producing $7.5 billion in sales annually, Walmart has experienced dramatic growth since it entered the market in 1996 with two stores. Last year, the company pursued its most aggressive expansion to date with the opening of 49 stores, and at a meeting for financial analysts earlier this week in Shenzhen, China, senior executives detailed plans to get a lot bigger.

March 31, 2011

Walmart’s past and future collided this week in a stark juxtaposition of events. While the company’s lawyers were engaged in oral arguments before the U.S. Supreme Court stemming from events in the past, senior executive of the international division were gathered with financial analysts in a hotel ballroom in Shenzhen, China to discuss the future.

March 31, 2011

Walmart’s past and future collided this week in a stark juxtaposition of events. While the company’s lawyers were engaged in oral arguments before the U.S. Supreme Court stemming from events in the past, senior executive of the international division were gathered with financial analysts in a hotel ballroom in Shenzhen, China to discuss the future.

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