Wendy Zhang/ Shanghai Daily news

World's largest retailer Wal-Mart Stores Inc. will open its first Shanghai outlet by the end of next month, with preparations now in full swing, today's Shanghai Evening Post reported.
"We are proceeding according to plan, with preparations going smoothly," said Liu Jun, manager of Wal-Mart East China Stores Co Ltd.
Construction of the new store, with a floor space of 17,996 square meters, at the Linyi Road N. in Pudong (near the Nanpu Bridge), was completed at the end of May.  
A total of 200 jobs were offered at the store during construction, with the recruiting ending last weekend. New employees are currently receiving training.
The first local store will stick to Wal-Mart's principles of fair prices every day and better service for customers, Liu said, refusing to reveal sales expectations and the timetables for the other outlets to open in the city.