Wumart

China already has its answer to Wal-Mart, called Wumart, although a corruption scandal could jeopardize growth there.

Sneak Peek: Deborah Orr On RetailingDeborah Orr On Retailing 2006

And Wal-Mart faced a unique challenge from China’s fastest-growing supermarket chain, a domestic company conveniently called Wumart.

Superfusion Zachary Karabell 2009

And Wal-Mart faced a unique challenge from China’s fastest-growing supermarket chain, a domestic company conveniently called Wumart.

Superfusion Zachary Karabell 2009

And Wal-Mart faced a unique challenge from China’s fastest-growing supermarket chain, a domestic company conveniently called Wumart.

Superfusion Zachary Karabell 2009

Just last year, emerging names such as Wumart traded at substantial premiums to slower-growing industry peers such as Target (NYSE: TGT) and Bed Bath &

Fool.com: The Motley Fool 2009

By comparison, Wumart Stores Inc, which owned 492 superstores and minimarts in China at the end of last year, is trading at 30.7 times forecast 2011 price/earnings, while Lianhua Supermarket Holdings , which owns 5,172 hypermarkets, supermarkets and convenience stores in China, is trading at 22 times.

Strong Demand for Hong Kong IPO Prudence Ho 2011

By comparison, Wumart Stores Inc, which owned 492 superstores and minimarts in China at the end of last year, is trading at 30.7 times forecast 2011 price/earnings, while Lianhua Supermarket Holdings , which owns 5,172 hypermarkets, supermarkets and convenience stores in China, is trading at 22 times.

Strong Demand for Hong Kong IPO Prudence Ho 2011

At the time, Wumart management said an internal audit found no company funds or assets had been misappropriated.

Wumart Stores Plans to Sell Stake 2009

Hong Kong-listed Wumart, which operates supermarkets in China, said it agreed to sell Class H shares to TPG at HK$11 each, giving the U.S. private-equity firm a 6.17% stake in the company after the deal.

Wumart Stores Plans to Sell Stake 2009

Wumart, which operates more than 426 supermarkets and convenience stores in mainland China, also said it plans to open 30 more stores this year, including 10 supermarkets.

Wumart Stores Plans to Sell Stake 2009