Question #73936. Asked by zbeckabee.
Last updated Sep 05 2016.
helenasykes
Answer has 3 votes
Currently Best Answer
helenasykes 19 year member
162 replies
Answer has 3 votes.
Currently voted the best answer.
As the Russian retail sector blossoms, the roster of foreign companies doing business there grows steadily. But they are largely European companies; absent are the big American retailers found in other developing countries — notably Wal-Mart.
Response last updated by satguru on Sep 05 2016.
Dec 30 2006, 4:19 PM
lanfranco
Answer has 3 votes
lanfranco 20 year member
4170 replies
Answer has 3 votes.
Wal-Mart has had problems in markets outside of America, partly owing to insufficient research on, and adjustment to, the shopping preferences, customs, and employment practices of other nations. Quite recently, they had to pull out of Germany.
I'm sure that the Russians might find Wal-Mart stores fascinating at first, but if the company wants to get a firm grip on the Russian market, it had better conduct some serious studies of just what it is the Russians are looking for in a shopping and employment experience: for example