Wal-Mart in Russia

From a Moscow Times report comes news that Wal-Mart may open a store in St. Petersburg next year.

"I have such information, but I'm not ready to talk more in detail about the opening of Wal-Mart," the chairman of St. Petersburg's economic development committee, Vladimir Blank, was quoted as saying.

A source stated that Wal-Mart is already recruiting workers through local employment agencies and that the store would be on the outskirts of the city and encompass about 180,000 square feet.

Wal-Mart spokesman Bill Wertz would not confirm the report.