date:Oct 28, 2013
en stronger business.
Foran said the company many of the new stores will be in tier-three and tier-four cities, with expansion focused on supercenters and Sam's Clubs.
The retailer opened two Sam's Clubs in Hangzhou and Suzhou this year, bringing the total number in China to 10 and expects to open more in the next three years. Foran said that Sam's business model is ripe for the burgeoning middle-income, upper-income consumers.
The retailer aims to remodel about 45 stores this year, 55 next y