Companies / China
Wal-Mart Looks To Regions As Restructuring Opposition Builds
April 2009 | Company News AlertUS giant Wal-Mart is to turn its attention to China's secondary and tertiary cities as it strives to maintain a healthy pace of expansion amid weak consumer confidence and declining customer footfall. However, with its regional growth plans coinciding with a large cost-cutting restructuring initiative, the retailer has found itself in trouble with its employees and trade union representatives over perceived back-door job
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