Wal-Mart shuts business office in Moscow
US cut-rate retailing giant Wal-Mart Stores Inc. on Monday said that it is shutting its business office in Moscow, Russia.
World largest retailer Wal-Mart Stores has registered a subsidiary in Russia under the name of WM Eastern Europe Holdings, llc. The new company has joined the Association of retailing companies of Russia, reports the Kommersant newspaper.