Wal-Mart Stores Inc. chief executive Lee Scott said that India and Russia were ripe for retail expansion, but China had the potential to rival the U.S. in growth opportunities.(News In A Minute)(Brief Article)

Food Institute Report, The, January, 2004

* Wal-Mart Stores Inc. chief executive Lee Scott said that India and Russia were ripe for retail expansion, but China had the potential to rival the U.S. in growth opportunities. Wal-Mart owns only a few dozen stores in China, and Scott said it was "difficult" to open stores there. Meanwhile, the company's biggest international failure--its money-losing German operation--is slowly but surely getting better ... Forbes.com (Jan. 11)

Meanwhile, Wal-Mart will open nearly 160 new convenience stores in its Supercenter parking lots in 2004 under a program at Murphy USA, its El Dorado, AR-based fuel partner ... Arkansas News Bureau