Wal-Mart, winning the world and U.S., one store at a time
Wal-Mart bids 1 Billion dollars for 100 hypermarkets in China. What does this mean? Wal-Mart could become China's biggest food and department store network. Peace around the world via Wal-Mart? It's a thought.
Wal-Mart plans to buy the hypermarkets from Trust-Mart, a Taiwanese company, The Wall Street Journal said, citing people familiar with the transaction. ...Foreign retailers are rushing to tap China's fast-growing economy, large population and expanding middle class.
The Wal-Mart deal, if completed, would follow the Bentonville, Ark.-based company's recent exit from both Germany and South Korea.
Such a deal would vault Wal-Mart past its rival, Carrefour SA of France, in the number of hypermarkets in China. A hypermarket combines a supermarket and a department store in a giant facility with a full line of groceries and general merchandise. ...
Wal-Mart has 66 stores in China and says it plans to increase in size fivefold in the next five years. source
The left here at home sees Wal-Mart as an evil empire, destroying mom and pop stores as it stomps it's way through America's heartland like Godzilla in a Japanese movie. What will they say about this world wide attack by the Wal-Mart monster?
Thomas, did you check the finger food section? :-P
Posted by: RoadKnight | October 18, 2006 at 02:15 PM
I sure wish they would start stocking 2 inch cream colored twirl-tail grubs in their fishing section again.
Posted by: Thomas Hamilton | October 17, 2006 at 09:17 PM
Yep, they sure are. And managing to destroy Sam's legacy in the process.
Unfair business practices, supporting an agenda determined to destroy traditional marriage, pushing immoral lifestyles, and supporting the murder of innocent babies.
I can't say that I'm too impressed with those running Wally-World today.
Posted by: RoadKnight | October 17, 2006 at 07:10 PM
Well, RoadKnight, that won't go over too well in China, will it, heh. Gay & Lesbian Chamber of Commerce, what has happened to Wal-Mart. You are right. poor old Sam must be spinning.
Isn't his family running the corp. now?
Posted by: Debbie | October 17, 2006 at 06:08 PM
Debbie, I have my own problems with WalMart and do not shop there. Ever.
WalMart joins the homosexual agenda:
http://www.afa.net/Petitions/IssueDetail.asp?id=210
http://www.afa.net/walmartadage.htm
WalMart is pro-death:
http://money.cnn.com/2006/08/25/news/companies/retailers_planb/index.htm
Sam Walton is spinning in his grave.
Posted by: RoadKnight | October 17, 2006 at 05:36 PM