Wal-Mart Stores, Inc. (NYSE: WMT) has been keen on international expansion in the last 18 months or so, with its exit from some unprofitable markets and entrances into more promising ones. In recent developments, the world's largest retailer has opened an office in Moscow, Russia, amid efforts to take advantage of another significant non-U.S. opportunity for growth.Not only that, but Wal-Mart has joined the Russian Association of Retail Companies, one of the larger trade groups in that country. Wal-Mart still has not released a public timeline regarding actually opening stores in Russia, nor has it released what kind of strategy it will have there. Although it may seem like the retailer is just getting its feet wet in another international market, it will move swiftly once it decides where it wants to go. Expect that decision sometime before the summer of 2009.
Wal-Mart's share price, which today hovers near the $48.18 mark, has not taken a beating in recent market downward trends at all. In fact, it has stayed pretty normal considering it is operating the largest retail presence on the planet, with a global economy in upheaval and the U.S. transforming its economic model to a pseudo-socialistic one in many industries. The population can't stop eating or buying clothes, though. As a result, Wal-Mart keeps benefiting and bringing its retail flair to other countries won't hurt a bit.
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Reader Comments (Page 1 of 1)
1-26-2009 @ 12:46PM
PedjMediaPage said...
Mr. President, Congress & Wal*Mart Execs:
I See Wal*Mart Is Making Entries of Progress, And Ukrainian Gas Consumption, Into The Russian Marketplace, That I Suspected For Some Time, with Wal*Mart Trade with Chinese Goods, Location, Location, Location.. That Just Shipping Across The Chinese Border That Suits A Quicker Supply of General Goods To The Russian People, As It Pioneers Forth In Great Timing, of Russia, And The European Pipeline, And The Allied Defense of Afghanistan (Although If One Studies The Golden Triangle: You Find The Poppy Harvest or Opium Trade of The Afghans, Is Illegitimate or Illegal Smuggling of Drug Trade, That Might or Might Not Be Allowed Into Legitimate Opiate Drugs From Lomotil to Morphine in Corporate Drug Company Practices or Administrated By Prescription At A Higher Price, for The Afghans Are Poor as The Chinese Triangle Is or Was.. In The Need To Feed and Clothe Their People). Wal*Mart Might Consider A Drug Operation Conclave, of Investment, and Legal Tender, with The Afghans, in a Peaceable Agreement To: Create Opiate Derivatives for International Drug Production for World-Wide Administered Legal Drug Distribution of Opiate Derivatives That Would End Terror Cartel Schemes of Heroin Harvests, That Wal*Mart Could Trade For General Goods To Afghanistan Peoples. I Mention This To You With Kids Gloves, Whether INTL Wal*Mart Creates The Administered Drug Plant or A Plan, That Is Feasible To The Peace Process, Here, Abroad and in Afghanistan, It Could Still Mean Chinese and World-Wide General Supplies To The Middle-East and Chinese Triangle, By Legal Manner of Medicine by Legitimate Prescription, and The Influx of Food Stuffs, and Clothing and Technological New World Products To The Under-Developed Nations. With Our Allies China, and Russia and The United Nations Peace Process, For Fair Trade, Once Known As The Spice Route, That Is Mapped As Certain As The Drug Route, Meaning Middle-Easterners Were One of The First "Gifted" To Create Drugs, As Medicinal's In Proper Measurements of Health, In A Hungered Desert Plain, Where Oppression Reigned, As Even Did Leprosy. This Is Not To Promote The "Lotus Flower", But To Give Credit and Esteem and Respectability To The Dignity of Afghan and Middle-East Peoples. In Due Process of Peace Accords, Let The People Decide The "Goodie's The So-Called: Western World Has To Offer, Not Thievery But Children Playing And Laughing Again, And People Dancing To The Psaltries of The Culture, Cutting A Rug! Not Baa Hum Bug, Three Bags Full. "The Lord Is My Shepherd, I Shall Not Want (or He Shall See All My Needs Are Met!). Booty!