Why is Wal-Mart successful in Britain, but not in Germany?

10/5/2003 | Bloomberg Businessweek

Wal-Mart Stores has lost money in Germany each year since 1997, while in Britain, the retailer's sales have grown 10% annually. The difference in performance is due to a tough German retail market where prices are regulated, labor laws are not flexible and local discounters, such as Aldi and Lidl, are well-established.

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