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Walmart Ends German Occupation

J.J. Jackson* | July 29, 2006 

Wal-Mart was forced out of Germany in part because the European business climate is so much different from the work ethic here in the States. I’ve dealt with European suppliers and companies in the past and nothing was more frustrating than never being able to get a hold of who you needed because they always seemed to be on holiday and refused to ever (despite many requests) kindly inform us before leaving. As a result this left projects and orders due to the customers that week they we gone hanging until they returned with an attitude of ?We?ll get it done later.? Of course when the customer refused to place another other and instead used the competition because of this it was never their fault.

The Germans are nice enough people for the most part. I cannot say that I have ever met one that was not personally a nice person. But business wise I despise dealing with them.

A couple sources report why Wal-Mart has beat a hasty retreat after years of failing to turn a profit.

“Germany has been a retailer’s nightmare due to restrictive regulations. Wal-Mart and other major retailers have entered Germany and failed,” Oppenheimer analyst Bernard Sosnick wrote in a note to clients. - Marketwatch.com

and

The company also had repeated clashes with unions - Business Week

Gee, how odd. Government regulations and unions hurt businesses. Who’d a thunk it!

The Wal-Mart Triumph: Inside the World’s #1 Company (Book) Authors:Robert Slater Manufacturer:Portfolio Trade Released:25 May, 2004

The Wal-Mart Way: The Inside Story of the Success of the World’s Largest Company (Book) Authors:Don Soderquist Manufacturer:Nelson Business Released:19 April, 2005

Contributor's website: http://www.libertyreborn.com




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