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birdwatcherBloomberg Top -- Wal-Mart Stores Inc., the world’s largest retailer, may expand into Russia to take advantage of its fragmented retail market and sell merchandise more cheaply, Treasurer Charles Holley said.
“It’s an emerging market where there’s not a lot of organized retail,” Holley said today in a telephone interview from Bentonville, Arkansas, Wal-Mart’s hometown. “What we have to bring to bear with our merchandise capabilities and pricing and saving people money could play very well in that market.”
“It’s an emerging market where there’s not a lot of organized retail,” Holley said today in a telephone interview from Bentonville, Arkansas, Wal-Mart’s hometown. “What we have to bring to bear with our merchandise capabilities and pricing and saving people money could play very well in that market.”