The lightning growth of Aldi supermarkets in Australia is continuing, with the chain quadrupling its customer base over the last eight years from under 1m to 4.2m shoppers over an average four-week period.
Wal-Mart has announced plans to invest RMB500m (US$79.8m) to upgrade its Chinese stores. The statement comes in a bid to play down local media reports that the company’s growth plans were being hit by a spate of store closures.
The All-China Federation of Trade Unions said that it will continue
to press foreign companies to unionise its operations in China. The
federation highlighted ongoing disputes with several foreign-owned
companies - including Wal-Mart...