Walmart executives have set out international priorities to staff at the annual shareholder gathering in Bentonville. Among its goals, the retailer plans to double revenue from Walmart Chile to $10 billion by 2018. Rolling out its EDLP policies across Central American markets and Brazil is also high on the agenda for 2011.
In Asia, Walmart China CEO, Ed Chan, said the retailer plans to capitalize on China's huge internet population, which it estimates at around 460 million people, by ramping up its e-commerce activities there.
Source: Planet Retail
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