Wal-Mart (WMT -0.2%) declines to comment on local reports in China indicating the retailer will...

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

Wal-Mart (WMT -0.2%) declines to comment on local reports in China indicating the retailer will close 100 unprofitable stores over the next three years. The last official word from the company was that it would take its foot off the gas but still expand in the nation.