WAL-MART: NOT SCALING BACK IN GERMAN MARKET

BENTONVILLE, Ark. -- Wal-Mart has refuted an Associated Press report that said the retailer is abandoning growth in the German market.Maria Rodriguez, Wal-Mart International spokeswoman, said, "We are continuing expansion in the German market. That [report] is inaccurate. We're committed to that market."She said Wal-Mart Germany has focused on remodeling stores, noting that the retailer renovated

BENTONVILLE, Ark. -- Wal-Mart has refuted an Associated Press report that said the retailer is abandoning growth in the German market.

Maria Rodriguez, Wal-Mart International spokeswoman, said, "We are continuing expansion in the German market. That [report] is inaccurate. We're committed to that market."

She said Wal-Mart Germany has focused on remodeling stores, noting that the retailer renovated 24 of its 94 stores last year.

The AP report said Wal-Mart nixed plans

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