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“There’s big – and there’s Wal‐Mart” Winners on a huge scale

“There’s big – and there’s Wal‐Mart” Winners on a huge scale When businesses become really massive global enterprises, alarm bells start to ring even among people who are firm believers in the market economy. In the UK, there has been much recent talk about the nation’s most successful supermarket chain, Tesco, whose daily profits many companies would be happy to live with as annual profits. Many observers feel the store has become an out‐of‐control juggernaut, crushing all the competition (big rivals and corner shops) as Britons turn in ever‐greater numbers to soulless superstores. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Strategic Direction Emerald Publishing

“There’s big – and there’s Wal‐Mart” Winners on a huge scale

Strategic Direction , Volume 20 (9): 4 – Sep 1, 2004

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Publisher
Emerald Publishing
Copyright
Copyright © 2004 Emerald Group Publishing Limited. All rights reserved.
ISSN
0258-0543
DOI
10.1108/02580540410556393
Publisher site
See Article on Publisher Site

Abstract

When businesses become really massive global enterprises, alarm bells start to ring even among people who are firm believers in the market economy. In the UK, there has been much recent talk about the nation’s most successful supermarket chain, Tesco, whose daily profits many companies would be happy to live with as annual profits. Many observers feel the store has become an out‐of‐control juggernaut, crushing all the competition (big rivals and corner shops) as Britons turn in ever‐greater numbers to soulless superstores.

Journal

Strategic DirectionEmerald Publishing

Published: Sep 1, 2004

Keywords: Wal‐Mart; Company performance; Pricing policy; Mergers and acquisitions; Supermarkets; Japan

References