Korea and Japan are the two mighty dragons of Asia, the basis for Wal-Mart expects the two countries will become the market with the highest turnover were two of the countries with income Per capita of the top in the world, Wal-Mart also has great expectations to expand its position in these two markets. Also in 2006 and after eight years of operation in South Korea, Wal-Mart also met a similar failure in Germany. After eight years of market penetration South Korea, Wal-Mart accounts for only 4% market share, ranked No. 5 after Shinsegae with 30% market share, with 17% market share Tesco, Carrefour, Lotte Shopping 12% and 8%. .. alone in 2005, Wal-Mart's sales in the Korean market will reach about $ 800 million, $ 10 million loss. Wal-Mart in Japan after taking complete control of Seiyu retail chain 2008. The company's initial goal is to bring supermarkets to number 1 in the nearly 434 supermarket Seiyu in Japan. Seiyu addition, US retailers still operating chain stores and supermarkets Livin Wakana Deli in Japan. However, despite investing more than $ 1 billion in Seiyu supermarket chain, but Wal-Mart did not win the trust of Japanese consumers. The closure of a series of stores will make a share of Wal-Mart lost 4-5cent.
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