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Wal-Mart to close Moscow office
Bentonville, Ark. - Wal-Mart Stores Inc. is closing its Moscow office but said it is still interested in the Russian market.
The retailer said Monday that it has been looking to enter the Russian market through an acquisition, but has not found a near-term opportunity so it does not need the Moscow office at this time.
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Macy’s to build new fulfillment center to support online growth
Cincinnati - Macy’s announced it plans to build a major new fulfillment center near Martinsburg in Berkeley County, W.V., to support the continued growth of its online business. The site is located about 80 miles northwest of Washington, D.C.
Construction on the 1.3 million-square-foot facility is expected to begin in spring 2011, with operations beginning in April 2012 and order shipments beginning in summer 2012.