Wal-Mart says adios to Germany for the time being

Sushubh

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Oct 29, 2004
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Wal-Mart says adios to Germany for the time being
World?s largest retailing chain Wal-Mart has confirmed that they are now exiting from the German market.
They are selling off their underperforming German stores to the local giants Metro and this retreat is going to cost them a massive USD 1 billion.
Wal-Mart’s vice chairman Michael Duke spoke [...]

http://business.techwhack.co/992/adios-to-germany/