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Walmart is much stronger internationally? They crashed and burned in Germany, and the map of their international locations is.. not very impressive. Frankly, l
by revelation 13y ago
Walmart is much stronger internationally? They crashed and burned in Germany, and the map of their international locations is.. not very impressive.
Frankly, looking at the US map, as a non-american, even there their presence isn't particularly exhaustive. The USA just happens to be a big market.
- bane 13y agoDespite being a rich country, the US has a surprisingly wide wealth disparity. Walmart targets the lower end of that wealth gap. It seems that Walmart struggles in countries with a smaller wealth gap (at least w/r to local economics).
- alexeisadeski3 13y agoThe US has a smaller income disparity than Germany...
- wwosik 13y agoHuh, on what scale? http://en.wikipedia.org/wiki/List_of_countries_by_income_equality http://en.wikipedia.org/wiki/List_of_countries_by_income_equ... I just hate people saying what-not about easily verifiable facts.
- alexeisadeski3 13y agoAt your own link: http://en.wikipedia.org/wiki/List_of_countries_by_income_equality#Gini_coefficient.2C_before_taxes_and_transfers http://en.wikipedia.org/wiki/List_of_countries_by_income_equ...
- sveme 13y agoCitation? The OECD says otherwise (figure 4, Gini Coefficients for a number of OECD countries): http://www.oecd.org/els/soc/OECD2013-Inequality-and-Poverty-8p.pdf http://www.oecd.org/els/soc/OECD2013-Inequality-and-Poverty-... The US is on level with Turkey, only Mexico and Chile are worse.
- alexeisadeski3 13y agohttp://en.wikipedia.org/wiki/List_of_countries_by_income_equality#Gini_coefficient.2C_before_taxes_and_transfers http://en.wikipedia.org/wiki/List_of_countries_by_income_equ...
- Kurtz79 13y agoI assume you meant the opposite ?
- alexeisadeski3 13y agoNope. The US disparity is equal with France and lower than that of Germany. http://en.wikipedia.org/wiki/List_of_countries_by_income_equality#Gini_coefficient.2C_before_taxes_and_transfers http://en.wikipedia.org/wiki/List_of_countries_by_income_equ...
- sveme 13y agoThough the reason Walmart failed in Germany is most likely due to the strong competition by ALDI and Lidl and its effects on the competitiveness (and profit margins) of other German supermarket chains.
- brianbreslin 13y agoWalmart is huge in uk (asda) and china and Mexico. Amazon still is only really operating in a handful of European countries and just got into India. Walmart is actually investing in startup ecommerce plays in brazil (where it has been established 40 years)
- tlarkworthy 13y agoit's not number 1 though, which is hard for US to imagine ... -http://www.4-traders.com/TESCO-PLC-4000540/news/Tesco-Market-Share-Unchanged-Sainsbury-Asda-Morrison-Fall-Kantar-15979118/ http://www.4-traders.com/TESCO-PLC-4000540/news/Tesco-Market...
- hackerboos 13y agoAmazon operates in China and Japan.
- jonnathanson 13y agoWalmart does $100B+ in revenue every year internationally, roughly accounting for 25% of its business. (For sake of comparison, Amazon earned ~$60B in toto in the year 2012). Walmart crashed and burned in Germany...and meanwhile, they basically own Mexico, large swaths of Latin America, have huge market share in the UK, do extremely well in China, etc. So yes, I'd say that's significantly stronger than Amazon's international footing. Walmart has serious competitors internationally (Carrefour, etc.), and Amazon is barely one of them. I'm as bullish on Amazon in the long run as anyone you'll find here. But even I have to admit that Amazon's international presence is one of its most glaring weaknesses, especially in specific juxtaposition to Walmart.