Wal-Mart Stores, Inc. (NYSE:WMT)
CAPS Rating:
Wal-Mart is the world’s largest retailer, operating discount stores, supercenters, neighborhood markets, and Sam’s Club warehouses around the world.
Wal-Mart is the world’s largest retailer, operating discount stores, supercenters, neighborhood markets, and Sam’s Club warehouses around the world.
Recs
While the US based stores have minimal to no growth; their international stores are outperforming targets. Next big opportunity is in India, where the goverment is looking to pass a law that would allow majority foriegn ownership. http://www.washingtonpost.com/wp-dyn/content/article/2009/07/12/AR2009071202176.htmlIndia's grocery market is based upon mainly small family owned shops; with just a few slightly bigger operators (including Reliance and Shpper's Stop stores) - which account for <5% of total sales. The initial Bharti Walmart wholesale stores have been well recieved.http://www.bloomberg.com/news/2011-08-03/india-panel-advises-100-million-minimum-investment-for-retail.html
where have you been for the past year...
"irretrievably soured relations"
http://www.government.ru/eng/smi/press/565/
and Wal*Mart hires him....
http://www.reuters.com/article/2011/09/08/walmart-russia-idUSL5E7K831N20110908
Do you know his ex-wife?