date:Feb 24, 2014
g a December tour of Sam's Club stores - where members bulk buy - that Wal-Mart aims to have private labels make up a fifth of its China sales within the next decade, up from less than 1 percent now. Private labels typically price at 10-40 percent below local brands, but profit margins are higher for the retailer. They make up close to half of sales in Britain.
Bracy said the retailer is rationalizing its supply chain in China and building its own distribution centers to manage quality, while a