UK Times Online reports that Wal-Mart can’t make it work in Germany. Among the reasons:
The US retail giant has struggled to capture market share ever since entering the crowded German retail market in 1997. It has been hurt by cut-throat competition, tepid consumer spending, and been frustrated by Germany’s tight labour and trade laws.
If I were sitting in Bentonville right now, and I’m mildly happy that I’m not, I’d be giving this some thought. Like, what about all those lederhosen we bought from China for Oktoberfest?
