Wal-Mart Closing Moscow Office…

What a wonderful little news item for this Monday…

Wal-Mart Stores Closing Its Moscow Office

It seems that Wal-Mart has pulled out of the attempt to enter the Russian market after Wal-Mart which been in acquisition talks with discount chain Kopeika failed. Kopeika was bought earlier this month by X5 Retail Group, Russia’s largest supermarket operator… 🙂

Past readings about Wal-Mart from Windows to Russia…

http://windowstorussia.com/french-auchan-is-russias-king-retailer.html

http://windowstorussia.com/russia-and-wal-mart-have-started-dance_12.html

http://windowstorussia.com/russia-wal-mart-next_20.html

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