Wal-Mart isn't after world domination

02/16/2004 | Retail Merchandiser

At the National Retail Federation convention in New York City, Wal-Mart CEO Lee Scott dispelled the notion that the discount retailer wants to dominate the retail world. It may be difficult, however, to dismiss the idea since Wal-Mart is already the largest retailer in Canada and Mexico, and is expanding in South America, Asia and Europe. Also, Wal-Mart's Web site operations are opening up a new area of higher priced goods, such as treadmills, for the retailer to sell.

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