Walmart’s strategy to exit Britain, one of its weakest performers in its global portfolio, has effectively been blocked. Facing limited options, here’s an examination of the issue, its implications for Walmart and a potential way around it. In a significant… Read More ›
Asda
Wal-Mart’s tie ups in India and UK could be its potential growth engine
While Wal-Mart has struggled to compete in its home ground, its potential tie-up with UK’s Sainsbury Plc and India’s Flipkart promises to be the growth engine it once was. Wal-Mart, the world’s biggest brick-and-mortar retailer is making urgent efforts to… Read More ›
British supermarket store proposes to acquire Walmart’s Asda for $10 billion
The potential merger, a stock and cash deal, between Britain’s second and third biggest retail groups has cost synergies of at least 500 million. In a significant development, Britain’s Sainsbury has agreed to acquire Walmart’s Asda for around $10 billion… Read More ›