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Wumart Stores Inc: Company Reporthttp://www.wumart.com
Employees : 17,437Exchange : Other OTC Issues
Wumart Stores, Inc., along with its subsidiaries, is principally engaged in the operation and management of superstores and mini-marts. As at December 31, 2008, the Company had a retail network of 434 stores comprising 104 superstores and 330 mini-marts, which were either directly owned or operated and managed through franchise agreements or management agreements by the Company, its associates and a jointly controlled entity. It had an aggregate saleable area of 451,524 square metres, excluding stores under associates and franchises. As at December 31, 2008, it operated and managed 96 directly-owned superstores, and 194 directly-owned and 96 franchised mini-marts, which were directly owned by the Company.
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Love the name!!!
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"A dream we share – a dream of establishing an everlasting retail chain that Chinese people love patronizing, and that mingles with their daily lives – Wumart."
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This company is the Wal Mart of China. Expanding at rapid rate and the beneficiary of new venture capital to assist in its goal.
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