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Article: Wal-Mart and Carrefour as home-region multinationals.(Viewpoint)(Company overview)
- Article from:
- European Retail Digest
- Article date:
- December 22, 2005
- Author:
CopyrightCOPYRIGHT 2005 Templeton College. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Of the approximately 50 retail companies in the Fortune Global 500, only one is a global company, LVMH. In contrast most of these large multinational enterprises (MNEs) are home-region based firms. This Viewpoint article analyses Wal-Mart and Carrefour as typical examples of large retailers with major international sales, but with most of these international sales in their home regions of North America and Europe respectively.
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