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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Ann Corrigan who wrote (3259)	7/9/2006 1:42:39 PM
From: Glenn Petersen	Read Replies (2) \| Respond to of 224691

Europe has been a tough nut for Wal-Mart to crack. They did acquire some chains in the UK, but they have had to deal with political roadblocks elsewhere. Also, many of the retailers in Europe slimmed down and reduced their prices in anticipation of a Wal-Mart invasion. I remember reading somewhere that Wal-Mart eventually wants to get half of their sales from outside of the U.S. In fiscal 2006, they generated 20.1% of their sales from international sources versus 16.3% in fiscal 2002 International stores 2006: 2,285 2003: 1,170 U.S. stores 2006: 3,856 2002: 3,244 Lots of stats in their annual report: sec.gov