tag:blogger.com,1999:blog-3143359622682498289.post3041460367478356279..comments2023-08-15T12:14:48.431-04:00Comments on Journal Of A So-Called Business Woman: Walmart calls it quits: Why throw good $$ after bad?A So-Called Business Womanhttp://www.blogger.com/profile/13319662132540730908noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3143359622682498289.post-22461601319795130022011-08-16T08:50:13.359-04:002011-08-16T08:50:13.359-04:00Looks like the rumors about Walmart's acquisit...Looks like the rumors about Walmart's acquisition of Carrefour are not that far fetched after all. Yesterday's Financial Times reported that Walmart had retained UBS "to examine a potential bid for the Brazilian business." It is Carrefour that "insists that the business is not for sale."<br /><br />Hm. Who is going to win here? If Walmart pursues a hostile takeover, there could be an initial backlash. Locals may not respond that favorably to the takeover. But Brazil is clearly appealing as an investment area for everyone (see Brazil: Hot or Too Hot? That is the Question.)A So-Called Business Womanhttps://www.blogger.com/profile/13319662132540730908noreply@blogger.comtag:blogger.com,1999:blog-3143359622682498289.post-19165412816321367062011-08-12T20:42:16.650-04:002011-08-12T20:42:16.650-04:00So, some did not like this post... too much legal ...So, some did not like this post... too much legal history surrounding treatment of employees and too many Mom & Pop shops that have gone out of business because of the conglomerate. Agreed. Nonetheless, some good business sense present at the company.<br /><br />Seems like Walmart has its hands full. Today, some reorg was announced with two executives of its eCommerce business leaving. Also some rumors about an acquisition of Brazil-based Carrefour as Walmart is "revamping its Brazil operations", though vehement claims are made that these rumors are not true.A So-Called Business Womanhttps://www.blogger.com/profile/13319662132540730908noreply@blogger.com