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Wal-Mart Sees Rising Sun in Japan.

  • Al Norman
  • November 15, 2006
  • No Comments

A Wal-Mart VP for international marketing has suggested that Wal-Mart will soon announce its expanding ownership of the Japanese retailer, Seiyu, which Newsflash reported last spring. When Wal-Mart bought a 6% interest in Seiyu, it had the right to increase that level to 66%. Seiyu operates roughly 411 stores in Japan. A number of analysts have suggested that Wal-Mart’s international sales, which are currently 17% of total sales, could become the majority of sales within the next decade. A recent report from Retail Forward, called “The Age of Wal-Mart”, said that further foreign acquisitions are expected, “however it is unlikely that Wal-Mart’s overseas expansion will move swiftly enough to fuel the company’s growth engine.” Wal-Mart’s
international division currenly runs around 1,200 stores in 11 countries.

For more comments by Wal-Mart’s international VP, go to morningnewsbeat.com for the October 29, 2002 report. Wal-Mart moves into countries like Mexico, Britain, Germany and Japan by buying into existing companies, like Cifra, Asda, Wertkauf, and Seiyu. So the same devastation and uniformity that you have seen come to your hometown, could soon greet you everywhere you travel globally. One planet. One store. For All. The Walmartians conquer Earth.

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Al Norman

Al Norman

Al Norman first achieved national attention in October of 1993 when he successfully stopped Wal-Mart from locating in his hometown of Greenfield, Massachusetts. Almost 3 decades later they is still not Wal-Mart in Greenfield. Norman has appeared on 60 Minutes, was featured in three films, wrote 3 books about Wal-Mart, and gained widespread media attention from the Wall Street Journal to Fortune magazine. Al has traveled throughout the U.S., Barbados, Puerto Rico, Ireland, and Japan, helping dozens of local coalitions fight off unwanted sprawl development. 60 Minutes called Al “the guru of the anti-Wal-Mart movement.”

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