EconomyWalmart’s Sam’s Club accelerates China expansion as membership tops 10.7 million
Walmart-owned Sam’s Club is speeding up its China expansion, opening its sixth Beijing outlet on Monday amid long queues. The membership warehouse retailer said it had 10.7 million paid members in China as of June, with value pricing and exclusive products drawing middle-class shoppers while some foreign brands close stores or leave the market.
Walmart’s Sam’s Club accelerates China expansion as membership tops 10.7 million
Economy