WALL STREET JOURNAL -- Wal-Mart Stores rolled out its deep-discount retailing formula in India, targeted at a more than $350 billion a year retail industry made up almost entirely of small merchants. Under Indian rules governing foreign retailers, Wal-Mart and its joint venture partner, Bharti Enterprises Ltd., can't sell directly to consumers but instead will operate a cash-and-carry business under the name Best Price Modern Wholesale, selling 10,000 products to licensed store owners, schools, hospitals, hotels and other institutions.
Will Russia be next?
Will Russia be next?
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→Wal-Mart Exports Big-Box Concept to India, Russia
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→https://manufacturing-holdings.blogspot.com/2009/06/wal-mart-exports-big-box-concept-to.html
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