We are SO over you America, Wal-Mart heads to India...

[Virginia Dare]

So Americans are losing jobs and credit and can no longer buy even the cheapest of shit made in Chinese sweat shops from Wal-Mart? BFD, they'll just go to India, hey, those people have got CASH!! Say hello to our jobs while you're there, guys. Thanks for the memories!


America's Wal-Mart and India's Bharti are hoping to bring a dose of modernity to India's retailing landscape, and good for them for trying. But it's going to take a lot more than Wal-Mart's legendary supply-chain management and margin-shaving acumen to bring "everyday low prices" to Indian consumers.

This week, the two companies finalized a 50-50 joint venture to go into the business-to-business, cash-and-carry wholesaling sector. This structure evades India's strict ban on foreign department stores and supermarkets setting up shops by themselves and selling directly to consumers. Foreign direct investment in single-brand stores such as Nike shops or Samsung outlets ...



http://online.wsj.com/article/SB118678729222894667.html

[meegbear]

1. Since the tech jobs are being outsourced there ...

you might as well as sell where the money is.

[tridim]

2. I'm still waiting for all those delicious Indian mangoes

Anyone know when that's supposed to happen? Bush?

Maybe the new Walmart's in India can sell their mangoes back to them at a 50% profit margin.

[lazyriver]

3. The mangoes will now be outsourced to China

who just might wind up painting rocks (with lead paint, of course) to look like mangoes until they get caught.

[Virginia Dare]

4. It'll probably only take about ten years or so...n/t