Wal-Mart growth slows down :: Emirates Today
[Note to readers - Emirates Today links go stale in a short time.]
We very rarely read about Wal-Mart in UAE newspapers. Wal-Mart has not come to the UAE, but if it did it would eviscerate the many local shops that are poorly managed. Even hypermarkets here like the French-owned Carrefour have poor supply chain management - items can fly off the shelves and then not be restocked for months, if ever.
The striking thing about the Emirates Today article is that it only considers the American market for Wal-Mart. And it only discusses how Wal-Mart can grow further by adding a more upscale dimension to its merchandise offerings.
At least the article is accompanied by a photo showing Wal-Mart's first store in China. Wal-Mart will grow by expanding internationally.
Expect to see a Wal-Mart in your local emirate soon, especially now that the UAE is further liberalizing its foreign direct investment rules.
TAGS: Wal-Mart Carrefour UAE China
[Note to readers - Emirates Today links go stale in a short time.]
We very rarely read about Wal-Mart in UAE newspapers. Wal-Mart has not come to the UAE, but if it did it would eviscerate the many local shops that are poorly managed. Even hypermarkets here like the French-owned Carrefour have poor supply chain management - items can fly off the shelves and then not be restocked for months, if ever.
The striking thing about the Emirates Today article is that it only considers the American market for Wal-Mart. And it only discusses how Wal-Mart can grow further by adding a more upscale dimension to its merchandise offerings.
At least the article is accompanied by a photo showing Wal-Mart's first store in China. Wal-Mart will grow by expanding internationally.
Expect to see a Wal-Mart in your local emirate soon, especially now that the UAE is further liberalizing its foreign direct investment rules.
TAGS: Wal-Mart Carrefour UAE China
posted by John B. Chilton at 2/27/2006 09:30:00 AM
2 Comments:
items can fly off the shelves and then not be restocked for months, if ever.
Which gives them that quaint - or irritating, depending on your point of view - souq-like quality. "Ooo, a shipment of Waitrose feta stuffed olives has arrived, let's stock up, they may not be back again this year!" etc.
I love the South Park spoof - "Something Walmart This Way Comes".
All of the nagative media is a result of nothing that Wal-Mart has done, but purely and solely out of liberal bias in the media.
Wal-Mart was founded and based in small-town America and in the South, which is very conservative, and Wal-Mart continues to reflect its origins and its locations. Part of that conservatism includes a strong opposition to organized labor, by the people of that region - not just the company.
The negavie media that Wal-Mart receives comes from the national media that is based in large cities such as New York and Washington, where the people have absolutely no clue as to the mentality of those of the small towns and act. The media is not and cannot without negative bias because of their elitist nature. What is unfortunately is that this media controls the information valve that controls what international customers and persons have access to.
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