Wal-Mart China head steps down after pork scandal

HONG KONG (Reuters) - Aut

A dozen stores operated by Wal-Mart in the Chinese city of Chongqing have been shut by local authorities after having been accused of labeling regular pork as organic pork.

HONG KONG (Reuters) - Authorities in Chongqing in southwest China have released the last two employees of Wal-Mart Stores Inc who were detained over a pork mislabeling scandal that shut more than a dozen stores in the country last October.

Authorities in Chongqing in southwest China have released the last two employees of Wal-Mart Stores Inc who were detained over a pork mislabeling scandal that shut more than a dozen stores in the country ...

US retail giant Walmart on Tuesday named a new chief executive for its China operations, four months after the retailer's former boss quit following a scandal over falsely labelled pork.Greg Foran -- who has worked in the retail industry for 30 years and is a former senior executive of Australian supermarket chain Woolworths -- will take the helm next month, Walmart China said in a statement.

Wal-Mart said Monday it was replacing the head of its operations in China, the giant U.S.

STOCKHOLM, Sweden — Swedish furniture giant Ikea was drawn into Europe’s widening food labelling scandal Monday as authorities said they had detected horse meat in frozen meatballs labelled as beef and pork and sold in 13 countries across the continent. The Czech State Veterinary Administration said that horse meat was found in one-kilogram packs of frozen meatballs made in Sweden and shipped to the Czech Republic for sale in Ikea stores there. A total of 760 kilograms of the meatballs were stopped from reaching the shelves.

US retail giant Walmart said Monday that it would raise its stake in Chinese online shopping company Yihaodian to a majority 51 percent as it seeks more access to China's massive market.The transaction comes four months after Walmart's former China chief executive quit following a scandal over falsely labelled pork.Walmart gave no value for the deal, which is subject to Chinese regulatory approval.