Friday, April 17, 2009



Wal-Mart may enter the Russian market

Reports of out Russia suggest Wal-Mart Stores Inc. may be in negotiations to buy a controlling stake in one of the country's leading “hypermarket” big box retailers. An article in the Kommersant newspaper said the ownership stake in Lenta could approach 51%. This follows similar reports in July 2008.

The move would be in keeping with Wal-Mart’s recent international history as the majority of its expansion outside the U.S. has been through initial partial ownership stakes rather than green-field development, according to UBS analyst Neil Currie.

... bad news ...
... walmart is a company that helped america go bankrupt ...
... pushing the lowest possible quality chinese products ...
... and making all small and medium competitors go bankrupt around their megastores ...
... the type of position seems to be in the american ultra-right wing ...
... can be compared to microsoft for politics, definitivelly monopolistic ...
... is known for low wages jobs, and no unions ...
... in britain they have been sued for sex discrimination ...
... this is a multinational with a higher budget than saudi arabia ...
... nobody really knows what is their hidden political agenda ...
... is a company that should be closely closely monitored ...
... even in the united states and in britain ...


# posted by intcoex : 12:47 AM




<< Home

This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]