Food scandal-hit Wal-Mart China Stores has set up a new department to oversee food safety following the “Green Pork” scandal.
According to China’s Global Times, Scott Price, president and CEO of Wal-Mart Asia announced that the department will ensure its operations meet government requirements.
“We hope the new department will improve the company’s management ability to a higher level,” said Price.
The move comes after a series of food scandals, most notably “Green Pork”, where the retailer was found to have sold 63,547kg of ordinary pork as organic pork, generating CNY730,000 (US$114,334) of illegal income. 25 staff at the Chonqing store were detained and the company was fined CNY2.7m.
The investigation was closely followed by the departure of then-CEO Ed Chan, who said he had quit for “personal reasons”.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData