Efficiency quest shrinks Walmart store size

Walmart China is getting smaller in terms of store size to improve its efficiency and enhance convenience for shoppers.

The world-leading retailer opened its first "compact hypermarket" in Wuhan, capital of Hubei province in Central China, on Thursday.

The store is 40 percent smaller than a normal Walmart hypermarket that spans 10,000 square meters and sells 22,000 to 25,000 products.