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Wal-Mart’s Everyday Low Prices Fail To Stir Brazilians
date:Apr 24, 2014
ome of $1.36 a share for the period, incurred additional costs associated with closing 25 underperforming stores in the country.

Even as Wal-Mart struggles, Brazil has proved lucrative for other multinationals, said Mauro Guillen, a management professor at the Wharton School at the University of Pennsylvania in Philadelphia.

Companies understand conditions arent ideal but decide its still worth it, he said. However difficult the Brazil bureaucracy may be, other foreign retailers have figured i

12/24 23:22