Wal-Mart looks for acquisitions in Japan

11/14/2010 | United Press International

Wal-Mart Stores is interested in acquisition targets in Japan to help it with pricing advantages. "We are interested in growth [in Japan] and willing to increase market share through mergers and acquisitions," said Scott Price, president and CEO of Wal-Mart Asia. "We do need scale [in Japan] and we have been very open about it. We want to take over stores where the current operator is not successful and wants out, or acquisitions that fit our model and are not troubled."

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