Wal-Mart's (WMT +0.4%) top exec in China says the retailer plans to open 100 more stores in...

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

Wal-Mart's (WMT +0.4%) top exec in China says the retailer plans to open 100 more stores in China over the next three years. It's a relatively modest pace for the company that could be an indication it's backing online initiatives for growth in the country through its stake in Yihaodian.