blogging my (mis)adventures in China between and during bouts of jetlag peppered with random thoughts on investing, strategy and development
Saturday, April 30, 2011
The Walmart Effect
Walmart is instantly polarizing amongst some - with its hostile views towards unions, and its success at pushing to lower prices, it's also an icon that is admired around the world. Instead of fighting Walmart by building and patronizing what they see as better stores, opponents would rather deprive us the choice of shopping at Walmart:
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