New Orleans There can’t be much joy these days in Bentonville, Arkansas, home of Walmart and its buddies. The litany of woes just keeps piling up. Five consecutive quarters of reduced financial returns has to lead the list. In the land of the 1% you can just about get away with murder if you’re making …
Tag: WalMart
Handing Walmart a Big Whooping Defeat in India
Yangon Walmart with tail tucked firmly between their legs announced that they are unraveling their partnership with India’s giant Bharti conglomerate, acknowledging finally that this marriage of convenience while trying to enter the burgeoning India retail market and sneak around foreign direct investment requirements was finally coming to an end. The India FDI Watch Campaign, …
Indian States are Putting More Roadblocks in front of Walmart Expansion
New Orleans Two reports yesterday from Dharmendra Kumar, director of the India FDI Watch Campaign affiliated with ACORN International, point out how far the superstore giants like Walmart, Carrefour, Tesco, and Metro really are from being able to freely enter markets throughout India. This is largely a story that the global business press is missing …