Wal-Mart to open 50 cash-and-carry stores

Wal-Mart India, the wholly owned subsidiary of the world’s leading retailer Wal-Mart Stores, plans to open 50 cash-and-carry stores in the country over the next few years, along with investing and improving its supply chain.

Scott Price, President and CEO, Walmart Asia, said, “We are committed to India and will continue to focus on the cash-and-carry format.”