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Wal-Mart hypermarkets to expand into Europe

Wal-Mart, the world’s largest retailer, is pushing ahead with plans to roll out hypermarkets across Europe following last week’s acquisition of 74 Interspar hypermarkets from Germany’s Spar Handels.

Between 70 and 80 Wal-Marts will open outside the US next year said Bob Martin, Wal-Mart’s chief executive.

 

Sunday Business 13/12/98 page 12

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