INDIA: Wal-Mart JV to open more cash-and-carries
By Dean Best | 12 September 2012
Wal-Mart Stores has confirmed it plans to expand its cash-and-carry network in India by the end of the year.
A spokesperson for the retail giant said its Bharti Wal-Mart venture would open between three and seven more stores by the end of the year. It has 17 cash-and-carries in India at present.
Bharti Wal-Mart saw its sales reportedly double in 2011 although its losses increased.
Sectors: Emerging markets, Retail
Companies: Wal-Mart Stores
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INDIA: Wal-Mart JV to open more cash-and-carries
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