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News>Wal-Mart shares 1 store transaction team have been carried out docking
Wal-Mart shares 1 store transaction team have been carried out docking
Source:Business NewsDatetime:2011-08-25

Shop No. 1 Wal-Mart's shares trade matters has been completed, both teams now have to carry out docking, the two sides in the supply chain, logistics and own-brand products such as multi-start cooperation.

"Transaction has been completed, of course, disclose the specific figures and we both have started a business related team butt." Shop chairman at No. 1 just yesterday told the "Financial Times" reporter, both concrete cooperation should be In the shared vendor resources, warehousing and logistics in such areas, such as Wal-Mart has a strong supply chain and many suppliers, so that the two sides will share the resources in this area. Currently, the No. 1 store in 27 cities nationwide with more than 90 distribution sites, and 70%of its own logistics and distribution, logistics and distribution capabilities are very powerful, online shopping needs the backing of a strong logistics capabilities, so Wal-Mart is not Once excluded conduct online shopping channel, Shop No. 1, to share the logistics resources possible.

"end of the year, Shop No. 1 will continue to expand distribution site, planned to reach more than 30 cities hundreds of sites." In the just revealed, and in commodities, Wal-Mart has its own brand, Therefore, future cooperation with Wal-Mart will consider selling its own-brand products.

in just said that the current No. 1 store sales of goods covered by 12 million species, near the mobile client "Pocket Shop No. 1," The launch of a new shopping mode - a "virtual supermarket", if the mobile phone shopping patterns and the effects of good, if this channel does not rule out future possibilities for cooperation with Wal-Mart.

Wal-Mart said that in addition to the cooperation with the No. 1 store, which will also open their own distribution networks China actively trying to buy the business, it has decided to Wal-Mart China headquarters in Shanghai e-commerce, But cooperation with the No. 1 store does not conflict with, had been in some Wal-Mart Sam's Club stores to test the water to manage their own e-commerce. It is reported that Wal-Mart China's sales in the international business which accounted for close to 10%, increase e-commerce channel is considered to be Wal-Mart's growth in China, a major breakthrough.

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