date:Jan 10, 2014
merging retailers. You have consumers buying at convenience stores, you have smaller concepts popping up from Lian Hua and most importantly you have a lot of customers going online. So I think a big part of what Walmart is doing today is adjusting their business portfolio towards that market, said James Button, senior manager at Smith Street Solutions, a Shanghai-based strategy, consulting and corporate advisory firm.
Walmart is also suffering in comparison to French competitor Carrefour, makin