business news in context, analysis with attitude

  • Wal-Mart has announced a joint venture with CITIC Pacific, a Chinese conglomerate, that will result in hundreds of stores being opened in that country during the next five years.

  • Wal-Mart’s Asda Group announced that its new advertising spokesperson will be Sharon Osbourne, wife of Ozzy and mother of Jack and Sharon.

KC's View:
Osbourne is an interesting choice by the family-friendly, highly conservative Wal-Mart…