Walmart has grown in China, but slower than competitors.
Its giant hypermarkets, which it originally hoped would enable it to become a retail leader in China, have struggled for years to keep pace with Chinese retailers, known for their array of local products and more recently for fast home deliveries.
Do business in China without respect for Chinese consumers, failure is inevitable
Walmart tried to sell the American style supermarket in Europe and failed miserably, and now their trying China? Good luck with that.
They should hire me to think with their Board, close to 30 years and you haven't found the right strategy. I can help them
Time the world businesses understand the problems of doing business In a opaque and authoritarian country.they were lured by profits and before long not only profits but the Capex will also have to be written off eg russia. Hope they see the world democracies in a different light
Maybe the Chinese don't want the Chinese made crap that Walmart sells.
Ask the CCP.
Many thanks to all countries who help UKRAINE 🇺🇦! Now we need MAXIMUM SUPPORT!!!
They want Jesus that’s what they want.
Oh poor Walmart…
Business is business, if walmart can't make money in China, it'll leave much quicker than you think
American shoppers didn’t treat you well either, they just don’t have a choice. Nobody goes grocery shopping with a list these days, Walmart and the rest listed the weekly items for purchase from isle one to twenty one for shoppers to go through and buy whatever grabs their eyes.
Walmart failed in Germany,too. Germans were hoping for a Walmart just like in America filled with the same “American” products. Instead they got a store with the Walmart name on it filled with the same products like every other German stores.
WSJ asking the dumbest questions, yet again.
Chinese people only like Sam’s!
I thought they dont have to care what you want, they'll just sell anything ;)
Walmart need not be successful everywhere ..Germany is the great example...
Dirt cheap products that don't last long. Everything is disposable and disposable in China.
Probably freedom
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