BENTONVILLE, Ark. — Wal-Mart Stores here is apparently cutting back on purchases from China, according to news reports last week. The National Business Daily in Shanghai reported that suppliers in the country received fewer orders from the retailer this year, worth as much as $6 billion. Wal-Mart bought about $18 billion in goods from China last year, the report added. A T-shirt factory manager was quoted by the Shanghai publication as saying, “We are working hard to explore new clients.” ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.