Basically the “roadmap to success” used in other countries failed in Germany/Europe mostly because that “success” was only achievable through “human rights abuses” and “violating labor laws” that aren’t troublesome in parts of the world where labour rights are neutered at every opportunity, and large portions of the population people are too impoverished to afford necessities elsewhere
They failed through a combination of exactly that plus the wrongfully held opinion that their usual plan of selling cheaper than other supermarkets and thereby pushing them out of the market would work the same as in other countries.
Doesn’t really work if the other supermarkets are already working with very thin margins. They burnt through a little over 3 billion € by the time they left the German market.
Isn’t this how Walmart failed in Germany?
Basically the “roadmap to success” used in other countries failed in Germany/Europe mostly because that “success” was only achievable through “human rights abuses” and “violating labor laws” that aren’t troublesome in parts of the world where labour rights are neutered at every opportunity, and large portions of the population people are too impoverished to afford necessities elsewhere
They failed through a combination of exactly that plus the wrongfully held opinion that their usual plan of selling cheaper than other supermarkets and thereby pushing them out of the market would work the same as in other countries.
Doesn’t really work if the other supermarkets are already working with very thin margins. They burnt through a little over 3 billion € by the time they left the German market.