The Russian retail association, a lobbying organisation has said that Wal-Mart Stores had joined the group in the latest in a series of moves indicating its interest in expanding into Russia, reports The New York Times.
“Wal-Mart is working on the Russian market,” Ilya Belonovskiy, the executive director of the industry group, said.
In April, Wal-Mart appointed an executive to head its efforts to explore business opportunities in Russia and neighboring markets.
— IndiaRetailing Bureau
