Article: Wal-Mart and Carrefour as home-region multinationals.(Viewpoint)(Company overview)

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.

Wal-Mart's Strategy

In 2001, Wal-Mart became the world's biggest company in terms of revenue with USD285 billion in sales. The second largest retailer, Carrefour, is only about one-fourth the size of Wal-Mart. Wal-Mart's ...

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