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Wal-Mart to open first local store
23/11/2004 17:41

Wendy Zhang/ Shanghai Daily news

Global retail giant Wal-Mart Stores Inc. will open its first store in Shanghai by the middle of next year. The chain has already begun the recruitment of managers, today's Oriental Morning Post reported.
"We have more than 20 mid-level management posts available, such as department managers, and supervisors," said Wang Pei, vice president with Wal-Mart China Co Ltd. "We usually transfer personnel from our own company rather than recruit from outside, but to open business in Shanghai, part of the management team should be recruited locally," she pointed out.
The training will begin after the managers are recruited, but the recruiting of regular employees will start by the end of this year, she added.
A Wal-Mart store usually needs about 500 employees, with 20 percent of them managers.
"We do not have market domination as our final goal, but we will offer low prices to attract customers," Wang stressed.
Wal-Mart has 3,627 stores in the United States, and 39 stores in China.