To start the folder "Wal Mart in the world," I wanted to offer a brief that seems the best way to characterize the international politics of the giant supermarkets.
Wal Mart is launching a takeover bid for the Chilean D & S retail company
Monday December 22 2008 at 9:00 am local time, Wal Mart officially launched a takeover bid for the largest supermarket chain in Chile. This should be achieved during the Tuesday 23 December.
Chile is one of Latin America country who have developed a true culture of large hypermarkets as in the U.S.. This market remains one of the most competitive of the continent.
The takeover highlights the willingness of Wal Mart to strengthen its presence in the world.
At the opening of the Chilean stock exchange Monday, heading D & S rose by 28% to 250 pesos per share.
The impact of giant causes a shock wave in the environment of the Chilean supermarkets. How will they be able to prevent this giant to seize market knowing that they have huge sums of investment?
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