Walmart invested 370 million for store LED lighting retrofits

Walmart plans 2015--2017 is the addition of approximately 115 stores in China, including hypermarkets and Sam's Club stores, it is expected to create more than 30,000 jobs. Sam's Club also focus on the development of investment in the next 2--3 years to set up seven new stores in China.

In addition, Walmart has invested 600 million yuan to more than 90 stores to upgrade. Complete the transformation of the stores, in the overall image of the store, customer service levels, product categories combined sales performance has been significantly improved terms than before the transformation. As a result of the new LED lighting and other energy facilities, stores electricity and energy consumption greatly reduced, but also more economical and environmentally friendly. Future, Walmart will continue to upgrade existing stores, improve shopping experience, it is expected to invest more than 370 million yuan in 2015, for the upgrading of more than 50 stores.

Walmart China President and CEO of Wal-Mart SeanClarke stressed confidence in the Chinese market. Currently, Wal-Mart opened 412 stores in 165 cities nationwide. Walmart attaches great importance to the Chinese market, since DougMcMillon promoted to global president and CEO of Wal-Mart's appointment came into effect, has traveled to China three times within 15 months.