Walmart looks to Asia for continued growth

SHENZHEN, China – Asia, along with Latin America, will be a key driver of sales and earnings growth in years to come, Walmart executives said at an investors conference here this week. "In a nutshell, what we’ve got to do is continue to drive some growth in the really profitable markets like Mexico and Canada where we have terrific returns, continue to drive growth in a country like the United Kingdom, and then simultaneously lift these other international markets, countries like Brazil, places like China, to a higher level of profitability without slowing down the growth so the portfolio