Forbes -
2 Apr 2014 19:39
While Wal-Mart‘s domestic business has struggled over the last one year, its international business hasn’t done well either. Driven by weakness in Mexico, Brazil and China, Wal-Mart's international revenues grew by a mere 1% in 2013 and its revenue per square feet declined by 4.2%. Bleak results from Mexico are a big concern for the retailer, since the country is its largest international market with close to 2,300 stores. Although China doesn’t contribute much to Wal-Mart’s revenues, th...
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