Why was Walmart not successful in Germany?
Wal-Mart pulls out of Germany. The world’s largest retailer, Wal-Mart, has made a rare admission of failure by selling its hypermarket chain in Germany at a loss of $1bn (£530m) after failing to convert the country’s shoppers and regulators to its low-price, American-style trading.
Why did Walmart and Germany fail in South Korea?
Walmart failed in South Korea and Germany because they didn’tadapt to the culture as well as they did with the Mexican culture. Walmart also did not research South Korea and Germany thoroughly. The low price strategy is fantastic in some culturesbut paying more money for food in Germany and South Korea isaccepted.
What is the equivalent of Walmart in Germany?
Big stores (similar to Walmart) are e.g. Real, Toom, Globus, Marktkauf and Famila. But some stores can not be found in all parts of Germany.
What ethical challenges does Walmart have to face while operating in Germany?
Walmart faces no ethical challenges, simply because they do not operate in Germany. They try to establish operations there, but eventually ceased such endeavors because they weren’t very successful. The culture of retail in Germany is very different from the culture of retail Walmart runs as a whole.