Wal-Mart is tnhe number one retailer in the world.
Who is number two?
Answer: Carrefour of Paris.
Which company is biggest in China?
Wal-Mart...wrong. Carrefour is bigger.
Carrefour has 79 stores in 32 Chinese cities compared to Wal-mart's 60 locations in 30 cities.
Carrefour sold nearly twice as much as Wal-Mart - $2.2 billion to $1.2 billion.
Carrefour seems to be more adept at adapting to local cultures...their supply chain includes 18-wheel trucks as well as three-wheel tricycles.
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