Comment: Wal-Mart ran out of options in Russia

By: Dean Best | 13 December 2010

In a move that surprised some industry watchers, Wal-Mart Stores said today (13 December) that it would close its office in Moscow, where it has spent two years studying how to enter Russia's fast-growing retail sector.

just-food articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

In a move that surprised some industry watchers, Wal-Mart Stores said today (13 December) that it would close its office in Moscow, where it has spent two years studying how to enter Russia's fast-growing retail sector.

  • Unlimited access to all the latest global food news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-food market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-food:

More articles related to this one

Editor's choice: the highlights on just-food this week
The E. coli outbreak has continued to grab headlines as the Commission sought placate farmers hit by the crisis and continued to seek the source of the outbreak. Meanwhile, just-food interviewed the CEO of UK dairy co-operative Milk Link where we discussed the scope of the company's expansion plans.

US: Wal-Mart eyes global middle class
Wal-Mart Stores has set its sights on the "global consumer of the future" - shoppers in developing markets who are "striving" to join the "emerging global middle class".

Quote, unquote: just-food's week in words
Spain's farmers, hit financially amid the e.coli outbreak in Europe, have been vocal in their criticism of Germany's health authorities, which wrongly placed the blame for the contamination on Spanish cucumbers. Elsewhere on our pages this week, we shone a spotlight on the debate around GM, one of the most divisive topics in the industry. Meanwhile, Wal-Mart Stores, McCormick and Icelandic Group all hailed the benefit of separate transactions to their businesses, although Spain's Ebro Foods was left to reflect on its failed bid to buy Australian rice maker SunRice.

Market research related to this article

Wal-Mart Stores, Inc. (WMT) - Financial and Strategic Analysis Review
Wal-Mart Stores, Inc. (Wal-Mart) is the world’s largest retailer. The company operates retail stores in a variety of formats including discount stores, supercenters, neighborhood markets and club stores. It offers branded as well as private label pro...

Wal-Mart Stores, Inc. - SWOT Analysis
Wal-Mart Stores, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. It examines the company’s key business structure and operations, history and products, and provides summary analysis of its key ...

Company Financials Wal-Mart Stores, Inc.
The Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and ca...

Welcome to the home of food information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page