The world’s leading retailer, engaged in a hand-to-hand struggle with Amazon, continues to reduce an international presence to focus on e-commerce. In just a few weeks, it has sold three long-standing business activities outside the U.S.A. After selling the British chain Asda Group Ltd (turnover 2019 US$27 billion) to British billionaires (see Global Retail News of October 2020), then selling retail activities in Argentina, Walmart (turnover of US$524 billion for the financial year ending...
Walmart is shuffling cards between e-commerce and international business
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