It has been reported that Wal-Mart Stores Inc. (NYSE:WMT) is facing new food safety complaints in China.
Wal-Mart Stores Sees New China Complaints
The US based retailer giant Wal-Mart Stores Inc. (NYSE:WMT) is facing new accusations of food-safety violations in China, as the retailer attempted to recover from a pork-labeling scandal that jolted its China operations last year.
The Beijing Food Safety Administration said that in March a Beijing Wal-Mart Store Inc. (NYSE:WMT) sold sesame oil and squid with dangerous amounts of cancer-causing chemicals.
Wal-Mart Stores Inc. (NYSE:WMT) shares were at 67.07 at the end of the last day’s trading. There’s been a 9.8% change in the stock price over the past 3 months.