Foreign markets offer growth potential for Wal-Mart as the retailer attempts to unlock value in the countries where it operates
Wal-Mart Stores, bound by a saturated domestic market, is ramping up its international operation to be a world dominator in food retailing. Since the Bentonville, Ark.-based retailer opened its first store in Rogers, Ark., in 1962, the core focus has been on rolling out “big box” units throughout the United States. But late last year something seismic happened. Wal-Mart said it would scale back its domestic store openings from 170 supercenters to 140 this year. This compares with previous ...
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