Wal-Mart becomes member of Russian retail association

12/30/2008 | Reuters

The Russian retail association said Wal-Mart has joined the group, the retailer's latest move indicating its interest in expanding into the country. "Wal-Mart is working on the Russian market," said Ilya Belonovskiy, executive director of the association. France's Carrefour and Auchan and Germany's Metro AG also belong to the group.

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