Wal-Mart.(poor international strategy)(Brief Article)
Economist (US), The, January, 2000
Chimera
NEW YORK
WHEN it comes to striking a chill in victims' hearts, Nosferatu had nothing on America's Wal-Mart. Since the world's biggest retailer arrived in Europe three years ago, there has been panic among European rivals because of the American firm's reputation for rock-bottom prices, super-efficient logistics and its huge size.
Already, Wal-Mart's acquisition of supermarkets in Germany and, last year, ASDA, Britain's third-biggest chain, have prompted a defensive merger of France's Carrefour and Promod(grave)es. Now European retailers are fearful that Wal-Mart will gobble up Metro, Germany's biggest retailer; enter France by buying Auchan or Casino; or consolidate in Britain by acquiring Safeway. With sales of $137 billion in...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
