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It's fascinating to see so many reasons being given for the failure of WalMart in Germany and its retreat by selling all its 85 stores to a German competitor. You have ...
BERLIN — Wal-Mart Stores Inc. said Friday that it planned to sell its 85 stores in Germany to rival Metro, a move that effectively ends a nearly decade-long effort by the world’s largest ...
The exit from Germany marks the second time in two months that Wal-Mart has pulled out of one country to focus on more promising opportunities elsewhere -- such as in China, South and Central ...
DUSSELDORF (CBS.MW) -- Wal-Mart is in talks to acquire certain assets of German retailer Metro AG, according to published reports. The German magazine Focus Money says in a report to be published ...
Wal-Mart Stores Inc. is ending its loss-generating business in Germany just two months after leaving South Korea in what analysts welcomed as a move to focus resources on expanding in more ...
Walmart can boast that it has more than 8,500 stores in 15 countries, under 55 different names, that it is the largest employer in the United States, the largest employer in Canada, and the ...
Wal-Mart's foray into Germany will ultimately cost $2.5 billion, according to Morgan Stanley. But Wal-Mart will receive only $250 million from its sale to Metro.
John Menzer, chief of Wal-Mart’s international operations, said yesterday that the retailer’s “improvement in Germany has been steady”, and that it remained committed to further progress.
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