Wal-Mart Stores, Inc. (NYSE: WMT) has been alone as a shining retail star in the recent economic recession. Consumers flocked to every possible bargain they could in every industry, and Wal-Mart cleaned up in retail with its bargain basement pricing on everything from toilet paper to car batteries to Doritos.But that's not the whole story: Wal-Mart is also cleaning up with its international sales at the same time. So much so that HSBC analyst Francisco Chevez has upgraded his rating on the world's largest retailer to outperform, with a target price of $50.92. Chevez indicated that Wal-Mart's growing power in Brazil, India, China and Russia will continue making it an international force to be reckoned with. One of these days, Wal-Mart's international sales will beat its U.S. sales.
We all knew this day was coming, right? The market outside the U.S. is much larger than inside the U.S. -- it's just taken time for Wal-Mart to feel out all the individual variables with global markets and take its time to enter them successfully, with or without a partner. Wal-Mart, after all, can't grow at its recent torrid pace in the U.S. for much longer. It's nearly saturated the U.S. with big boxes as it is, and the remaining markets it has not entered will continue to put up a long and costly fight. So, Wal-Mart will just go into India and Russia with force instead.
5-Hour Energy: A Success Equal Parts Caffeine, Chemistry and…
How State Taxes Put a Bigger Pinch on the Poor


Reader Comments (Page 1 of 1)
10-20-2009 @ 12:13AM
madmilker said...
Feel free to read "The Flow of Trade in a Global Economy" by Lance Winslow. There is one quote from his article tat comes in mind. "Now let us look at Wal-Mart again; you buy a product there, 6% goes to the employees, 10-18% is profit to the company, 25% goes to other costs and 50% goes to re-stock or the cost of goods sold. Of the 50% about 20-25% goes to China, a guess, but you get the point. Now then, how long will it take at 433 Billion dollars at year for China to have all of our money, leaving no money flow for us to circulate? At a 17 Trillion dollar economy less than 40-years minus the 1/6 they buy from us. Some say that if we keep putting money into our economy, it would take forever, but if we do not then eventually all the money flow will go. If China buys our debt then eventually they own us, no need to worry about a war, they are buying America, due in part to our own mismanaged trade, so whose fault is that? Not necessarily China, as they are doing what's in the best interests, and we should make sure that trade is not only free, but fair too."
Also, think for a moment about George Washington....yes the man tat is on the US dollar bill.... "Washington had been reelected unanimously in 1792. His decision not to seek a third term established a tradition that is now embedded in the 22d Amendment of the Constitution. In his Farewell Address of Sept. 17, 1796, he drew on the results of his varied experience, offering a guide for both present and future. He urged his compatriots to cherish the Union, support the public credit, be alert to the “insidious wiles of foreign influence,” respect the Constitution and the nation’s laws, abide by the results of elections, and eschew political parties of a sectional cast. Asserting that the United States and Europe had different interests, he declared that it “is our true policy to steer clear of permanent alliances with any portion of the foreign world,” trusting to temporary alliances for emergencies. He also warned against indulging in either habitual favoritism or habitual hostility toward particular nations, lest such attitudes should provoke or involve the country in needless wars."
Take the time to read his farewell address after only eight years of serving his country and than ask yourself tis....How do you think George feels being sent overseas in return for all tat foreign so-call cheap items and being left in a foreign bank because the American worker doesn't make anythig for the foreigners to buy. Cheap items didn't make tis great union of 57...oops! 50 states the greatest place on the face of tis Earth.....the American worker (union and non-union) did.
You can't have a strong country without having a strong currency and you can't have a strong currency unless you keep it floating around within your 50 states. Tis is why the store with the star in the name puts 95% China made items in their stores in China....to keep their "yuan" in their country helping the nice people there. And with only 5% left for all the other 182 country's tat make stuff including the United States of America....tat doesn't produce very many jobs outside of China.
Being an old person myself and knowing how it wus back in the 40's, 50's and 60's in tis union of 50 states....I look at George each time I pull him out of my billfold and make a promise to send him out for items made in America so after floating around helping each hand he touches jus maybe one day he will shake mine again.
10-20-2009 @ 12:18AM
madmilker said...
And when the turnips in D. C. try to cram tat carbon tax bill down your throat....please let them know tat if they even think about it...you (we the people) will take those 15 cargo ships tat carry 15,000 containers each and emit as much pollution as 760 MILLION AUTOMOBILES and shove them up the @ss of every turnip in Congress and parallel park'em.