Tuesday 12 January 2010

A question of scale, or sale?

In an article in The Guardian
- Wal-Mart, as China's seventh largest trading partner, outranks the UK, spending more than $18bn annually on Chinese goods
- The best-selling wine in the whole of Japan is an own-label Asda Bordeaux
- "It's important for us to be in one of the top three positions," says Wan Ling Martello, chief financial officer of Wal-Mart's international operation. "We have to have scale – otherwise it doesn't quite make sense."

At what stage will Asda's limited growth potential become too much of a liability, and yield more via disposal?

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