“There’s big – and there’s Wal‐Mart”
When businesses become really massive global enterprises, alarm bells start to ring even among people who are firm believers in the market economy. In the UK, there has been much recent talk about the nation’s most successful supermarket chain, Tesco, whose daily profits many companies would be happy to live with as annual profits. Many observers feel the store has become an out‐of‐control juggernaut, crushing all the competition (big rivals and corner shops) as Britons turn in ever‐greater numbers to soulless superstores.
Year of publication: |
2004
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Published in: |
Strategic Direction. - Emerald Group Publishing Limited, ISSN 1758-8588, ZDB-ID 2089990-7. - Vol. 20.2004, 9, p. 8-11
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Publisher: |
Emerald Group Publishing Limited |
Subject: | Wal‐Mart | Company performance | Pricing policy | Mergers and acquisitions | Supermarkets | Japan |
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