Wal-Mart Stores Inc., the world’s largest retailer, plans to add as many as 110 stores over three years in China, while shutting some outlets and remodeling dozens more as it seeks to overhaul its business there.
Wal-Mart Stores Inc., the world’s largest retailer, is overhauling purchasing operations in China and will close more than 20 underperforming stores there over the next year to improve returns from the Asian nation.
Wal-Mart Stores Inc. last year laid out plans to set up retail stores in India. The world’s largest retailer faces a setback to those ambitions after ending a six- year local partnership with billionaire Sunil Mittal.
Wal-Mart Stores Inc. , the world’s largest retailer, is resuming normal operations at half the stores hampered by Japan’s strongest earthquake as residents struggle to find water, food and other necessities.
Mayhem erupted around Boston early today as police pursued suspects thought to be armed with automatic weapons and explosives, heightening tensions in a city reeling from this week’s terrorist bombings.
Warren Buffett’s Berkshire Hathaway Inc. and Jorge Paulo Lemann’s 3G Capital agreed to buy HJ Heinz Co. for about $23 billion as the billionaires increased their bets on consumer products. Munger, Tolles & Olson LLP represented Berkshire Hathaway. Kirkland & Ellis LLP represented 3G Capital, and Davis Polk & Wardwell LLP provided legal counsel to the ketchup maker.