Sunday, March 28, 2010

Walmart's International Risk (ch8)

Walmart opened their first international store in 1991, which was located in Mexico. in 1992,Walmart International was created to oversee the operations in other countries.

Walmart had to closed stores in Germany due to their lack of equating the risk of that country's international market. German Regulations prohibited Walmart from offering weekend or extended hours. Strict unions laws kept Walmart from achieving low operational cost. Furthermore, German shoppers tend to split the shopping activites among different stores, so Walmart's revenue was not as high in Germany.

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