Wal-Mart unveiling 50 wholesale stores in five years in India

Deciding to focus on the cash-and-carry segment in India, retail giant Wal-Mart plans to open 50 wholesale stores in the next four to five years to expand its footprint in the country. About six months after breaking up with the Bharti group, the Bentonville-based firm said today it is also strengthening compliance procedures following investigations into alleged corruption in its Indian arm. Wal-Mart is committed to India and we are excited about our growth plans and such mega expansion move of the company will bring an added advantage of in-shop displays, designs and other related activities for signage makers, material suppliers and others in the sector.