Wal-Mart navigates store closings in China


Wal-Mart (WMT) is under pressure from local politicians in China to settle a labor dispute at a store the company plans to close.

Employees want double the severance that the Bentonville giant has offered up.

The company has closed 20 stores already in China as part of a broad plan to shut down as many as 30 stores.

What to watch: Wal-Mart has had its share of public relations flaps in China and is likely to settle the labor dispute before it gains steam.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs