Monday, November 19, 2007

China saying "no" to Wal-Mart

It has finally happened... the Beast from Bentonville has gotten too cheap for the Chinese. Check out this article and this Blogging Stocks post.

Vendors have long said that they can't be profitable if too much of their business comes from Wal-Mart, and now the Chinese are finding that out as well. I would have loved to have a video the first time one of the Chinese companies turned down Wal-Mart.

Flight to China - $3995
Wrecking small town business for years - $300,000,000,000
Wal-Mart told to take logn walk of of pier that is short - priceless



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