Wal-Mart stumbles in China

February 22, 2014 - 12:00:00 am

A customer shops at a Wal-Mart store in Beijing. Wal-Mart Stores, famed for its low prices, has stumbled in the one major market. Chinese consumers say they want food that is safe and authentic, and, after 17 years, Wal-Mart is changing its approach, closing some big-box stores that never quite caught on with locals. 

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