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    Wal-Mart joins retail trade group in Russia

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    The Russian retail association, a lobbying organisation has said that Wal-Mart Stores had joined the group in the latest in a series of moves indicating its interest in expanding into Russia, reports The New York Times.

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    “Wal-Mart is working on the Russian market,” Ilya Belonovskiy, the executive director of the industry group, said.

    In April, Wal-Mart appointed an executive to head its efforts to explore business opportunities in Russia and neighboring markets.

    — IndiaRetailing Bureau