Wal-Mart to Close Russia Office

BENTONVILLE, Ark. — Wal-Mart Stores here said it would close its office in Moscow, citing a lack of available acquisition targets there.

BENTONVILLE, Ark. — Wal-Mart Stores here said it would close its office in Moscow, citing a lack of available acquisition targets there.

Wal-Mart said however it remains interested in expanding in Russia, Doug McMillon, chief executive officer of Walmart International, said in a statement.

"The Russian market is a compelling retail opportunity and we believe that Russian consumers could benefit fr

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