第一部分中国百货零售业市场描述。
Part One: Description of the industry of department store in China.
但是，它们的存在也依赖于受严格控制的零售业的支撑，譬如行业规定：高级百货商店所售商品不得低于成本价。
But they are also deliberately propped up by a tightly regulated retail industry, under which hypermarkets are not allowed to sell below cost.
沃尔玛百货有限公司由美国零售业的传奇人物山姆沃尔顿先生于1962年在阿肯色州成立。
Wal-Mart Stores, Inc. was founded by Sam Walton, a legend of American retail industry, in arkansas in 1962.
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