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Wal-Mart Enters Convenience Store Market in China

Source: Reuters
06/05/2009

Beijing, May 6 - U.S. supermarket chain Wal-Mart has entered China's convenience store market by opening three shops in the southern city of Shenzhen, a company official said on Wednesday.

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Wal-Mart, which is also involved in the hypermarket and mega-store business, opened three convenience stores last December as a pilot programme, although the company has maintained a low-key approach up to now.

"The three shops, which are roughly 300 square metres each, are aimed at providing service to local communities," Vivi Mou, a company public relations official in Beijing told Reuters by telephone.



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