With speculation rife that Walmart Inc. is seeking to offload Seiyu, its Japanese subsidiary, the U.S. retail behemoth¡¯s possible failure may be interpreted as the result of this country¡¯s ultracompetitive retail market.
After all, other global supermarket operators, such as Britain¡¯s Tesco PLC and France¡¯s Carrefour SA, have also suffered failed forays in Japan.
But rather than an inevitable outcome, the struggle to succeed is the result of a string of strategic failures that did little to endear consumers to the Seiyu-Walmart brand, according to a number of industry experts.
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