California Expert Software

 

Truth is Everything

Walter Battaglia Online CES Book Sales Ethics Seminar GSQ Seminar WalterB's Blog CES Journal Old CES Journal

WAL-MART Not Invincible

Introduction

 

According to CBS MarketWatch, WAL-MART has given up in Germany, selling all 85 stores to METRO AG at a loss of about $1 billion.

"Wal-Mart's been facing difficulty competing against Metro and privately held Aldi in Germany. It's also struggled against Tesco in Britain."

This should give hope to everyone struggling against the behemoth. It only succeeds where the Race to the Bottom is allowed to proceed unmitigated.  WAL-MART apparently does not succeed where living wages are required.

 

WalterB - clock 05:35:54 - Friday, 07/28/2006

Last update: 11/11/2007

© Copyright California Expert Software 2007

All rights reserved.