Wal-Mart Testing Appeasement Approach To Expansion

Its success in dominating Latin America has arguably been one of the most important factors behind US behemoth Wal-Mart's ability to dominate the world in terms of annual global retail sales. However, one important regional market in which Wal-Mart remains a mere bit-part player is Argentina. Although the country lags behind regional peers, including Mexico, Brazil, Venezuela, Chile and Colombia in terms of total mass grocery retail (MGR) sales, it outdoes all its peers, except Brazil, in terms of numbers of supermarket and hypermarket

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