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After Bharti, Wal-mart into fresh move

Wal-Mart Stores, after its break-up with Bharti Enterprises, announced the company has found a winning formula in the Best Price Modern Wholesale chain. They even say that the Bentonville, Arkansas-based giant is so bullish on the format that it plans to export the formula to other emerging countries like India in Asia and others in Africa. But the current regulations mean Walmart would need an Indian partner to set up retail operations and, keeping in mind their discussions with other major Indian players, that would take a while. So, going ahead with the 20 stores they have for the cash-and-carry model seems to be the most logical thing to do. Such development of the company will bring in a fresh business for the signage players who have engaged in in-shop designs, displays and others.

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