1.Walmart entered China in 1996, opening its first Walmart shopping mall and Sam's Club store in Shenzhen, Guangdong province. Currently, Walmart China has opened more than 400 shopping malls and about 20 distribution centers in more than 170 cities across China. Walmart China's business mainly includes Walmart Shopping Malls, Sam's Club Stores, and Walmart Community Stores.
2. As the earliest foreign-funded supermarket to enter China, Walmart has remained steadfast and is actively increasing its investment, although it has faced pressure in recent years from aging traditional superstores, the impact of e-commerce, and retail competition. In November last year, Walmart China announced that it plans to open 500 new stores and cloud warehouses in China in the next 5-7 years, including Walmart shopping plazas, Sam's Club stores, and Walmart community stores in a variety of formats. From the point of view of the store opening plan announced at the time, Walmart China plans to expand in the future mainly in the mode of small business, mainly for Walmart community stores and cloud warehouse (front warehouse) for distribution. And just in April this year, Walmart China also announced that it will invest 3 billion yuan in Wuhan over the next five years, with plans to open four new Sam's Club stores, 15 shopping plazas and more community stores, increasing the Wuhan community service-oriented industrial layout.
1. Zhu has spent her career serving large multinational corporations. Strategy consultant in McKinsey's New York office. Vice President of Strategic Business Development, Greater China, Honeywell, Director of Global Strategic Development, Honeywell; Zhu Xiaojing joined Fonterra in 2011, served as Vice President of Greater China Ingredients, President of Greater China, from 2015, fully responsible for the Greater China food service, consumer brand business, and from 2016, together responsible for the ranch business. in October 2016, she became the President of Greater China, and the first person to be in charge of the ranch business of Fonterra. President of Greater China and the first local President. In December 2019, Zhu left the company.
2. At Fonterra, Ms. Zhu upgraded the global dairy giant's business model in China to a composite business operation model with an integrated industrial chain from farm to fork. Through channel transformation, embracing digitalization, pioneering the B2B/B2C business, agile organizational upgrades and continuous local innovation, she has improved Fonterra Greater China's revenue scale and operational efficiency, and steadily increased the company's profit. By implementing a series of strategic innovations such as channel transformation, embracing digitalization, continuous local innovation and strong brand building, she has rapidly and significantly increased the overall business growth of Fonterra Greater China and created the first market share in China in multiple categories. Fonterra Greater China has improved its score year on year in the Gallup survey, the world's most authoritative measure of employee engagement. 2019, Fonterra was honored by the Institute for Workplace Excellence, an internationally renowned workplace accreditation organization, with the title of "Workplace Excellence in Greater China". In December 2020, Fonterra was named to the "2020 China's Most Influential Women in Business" list. In November 2021, she was selected as one of the "Most Influential Business Women in China in 2021".