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Where Walmart Isn't: Four Countries the Retailer Can't Conquer - Yahoo Finance
Bloomberg/Sanjit Das - A shopper browses frozen foods at a Bharti Walmart Pvt. Ltd. Best Price Modern Wholesale store near Chandigarh, India (Photograph by Sanjit Das/Bloomberg)
Walmart (WMT) is the biggest retailer in the world, with sales of $135 billion in 26 countries outside of the U.S. But it doesn't have stores in some of the world's biggest markets. Not in Germany, not in South Korea, not in Russia. And, as of this week, not in India either.
On October 9, Walmart announced that it was breaking up with its Indian partner, Bharti Enterprises, which means its ambitious plans to open hundreds of supercenters around the country won't be realized anytime soon.
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