Wal-Mart announced this afternoon that it plans to acquire Chinese hypermarket chain Trust-Mart in a multi-step arrangement, taking possession of 31 stores initially, before taking over the remaining 70-100 stores. According to WSJ.com, hypermarkets "are giant stores that sell a wide range of general merchandise and food." In our area, the term supercenter or superstore is more widely used to refer to these stores. Prior to this acquisition, Wal-Mart had 66 stores in China, 61 of which are hypermarkets. The Wal-Mart/Trust-Mart deal must be considered by Chinese regulators before proceeding.
WSJ.com
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