date:Feb 24, 2014
they have tried to sell the 'every day low prices' concept and Chinese consumers equate 'every day low prices' with being cheap and not very safe.
Wal-Mart has previously exited markets such as Germany and South Korea where it's cheap prices and large stores model failed to work, but it has stuck it out in China, the world's second-largest economy, for nearly two decades, struggling with its brand positioning.
Its international business has been under the spotlight after it was accused in 2012