John Menzer
John Menzer
appears change factors number
But it appears that a number of factors may change that,
ability change company heart
Our ability to change is the heart of our company culture.
continue financial increased intended investment largest market presence retail second stability
This investment is intended to give Seiyu increased financial stability and continue strengthening Wal-Mart's presence in the second largest retail market in the world.
country great growth shopping states united value
Country by country, the world is discovering the great value of shopping at Wal-Mart. We need to be the growth of Wal-Mart when some day the United States slows down.
billion emerge growing growth huge india modern opportunity organic percent represents retail retailing shows starting
India represents a $250 billion retail market, growing 7.2 percent a year, but modern retailing is just starting to emerge This shows us that India is a huge organic growth opportunity for Wal-Mart.
average class consuming expected families grown household income india line million opportunity roughly urban
The average urban household income in India is about $3,000 a year, roughly in line with China, and the consuming class has grown from 35 million families in 1996 to an expected 80 million this year. That's roughly in line with the U.S., ... This is a very big opportunity for us.
add additional believe business consumers helping investment low offer prices region strength
We believe our investment will add strength to the partnership by helping to keep prices low for consumers and will offer new opportunities to suppliers in the region for additional business development.