date:Jan 03, 2014
s China president and CEO, Greg Foran. It is a deep lesson (for us) that we need to continue to increase investment in supplier management.
The U.S. retailer has had a troubled past in China. In 2011, China fined Wal-Mart, along with Carrefour, a combined 9.5 million yuan ($1.57 million) for manipulating product prices. Wal-Mart was also fined that year in China for selling duck meat past its expiry date.
Food safety scandals can have a significant impact in China. Yum has struggled to recover