Seeking Alpha

Wal-Mart eyes acquisitions in China, Indian ops not so rosy

  • Wal-Mart (WMT) is looking at acquisitions in China, says Asia chief Scott Price, adding that he feels better about the company's operations in the country now than he did a year ago.
  • Scott also notes that comparable sales in Japan have grown for four years in a row.
  • However, Wal-Mart's Indian operations aren't so hot. The firm has held back from further investment and store openings, due to regulations, especially those to do with sourcing. Price says Wal-Mart is in talks with local partner Bharti Enterprises about their plans. The relationship is good, he insists, despite reports that the latter wants out.
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Comments (2)
  • keentolearn
    , contributor
    Comments (129) | Send Message
     
    Don't expect a full fledge Wall Mart in India ever. A baby Wall Mart may be there but it is also very doubtful.
    6 Oct 2013, 10:08 AM Reply Like
  • positivethoughts
    , contributor
    Comments (1890) | Send Message
     
    Let's put restrictions on all thing Indian. They need us more than we need them.
    6 Oct 2013, 03:07 PM Reply Like
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