Wal-Mart’s Asda business is not the only part of the empire of the world’s largest retailer that will see expansion this year.
In Brazil, it will invest more than $1bn to add 80 to 90 new stores, creating 9,000 jobs; in China, it will continue to add new stores in smaller, second-tier cities; while in Canada it is converting its discount stores to more profitable, grocery-selling Supercenters.
