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Wal-Mart has achieved annual sales growth in China of at least 25 percent.
Retail giant Wal-Mart has opened its first energy-saving store in Beijing, part of efforts to conduct business in a more sustainable way in China, according to the China Daily. The new store will use 23 percent less electricity and 17 percent less water each year than the typical Wal-Mart store.
Light-emitting diodes that give more light with lower power input than conventional lights are the new store's lighting source. Motion sensors, installed throughout the store, control lighting during non-peak hours and in low-traffic areas. Water running through the refrigeration system will be recycled.
Wal-Mart plans to refit its 113 existing stores in China with more sustainable equipment in three to five years, according to Ron Virta, vp, merchandise development at Wal-Mart China.