Why Walmart failed in Europe

The US supermarket chain Walmart is the most successful company in the world. But it also has a problem: its concept works particularly well in the United States of America, where it was invented - in Europe, however, a planned expansion failed miserably around 20 years ago. Why? Let's find out. A film by Matthias Schwarzer ------------------------------ Sources for the video: Why Walmart failed in Germany (Spiegel, German language): https://www.spiegel.de/wirtschaft/wal-marts-rueckzug-warum-der-us-titan-scheiterte-a-429017.html Walmart's failure - a chronology (Spiegel, German language): https://www.spiegel.de/wirtschaft/wal-mart-in-deutschland-chronologie-eines-scheiterns-a-429049.html Walmart business figures in 2004 (Manager Magazin, German language): https://www.manager-magazin.de/unternehmen/artikel/a-293572.html Walmart ethics code angers Germans (DW): https://www.dw.com/en/wal-mart-ethics-code-angers-germans/a-1519102 Court: Also Walmart employees are allowed to love (Stern.de, German language): https://www.stern.de/wirtschaft/news/urteil-auch-wal-mart-mitarbeiter-duerfen-lieben-3290116.html#:~:text=Mit%20einer%20Richtlinie%20zum%20Liebesleben,der%20Vorsitzende%20Richter%20Lothar%20Beseler. ------------------------------ Did you like this video? Support my work on Patreon: http://patreon.com/MatthiasSchwarzer Or become a channel member on YouTube! ------------------------------ ▪️INSTAGRAM: http://instagram.com/MatthiasSchwarzer ▪️FACEBOOK: http://facebook.com/MatthiasSchwarzerTravelVlogs ▪️TIKTOK: https://www.tiktok.com/@matthiasschwarzertravel ▪️CONTACT: post@matthias-schwarzer.de ------------------------------ Intro song: MÆT - Start Again Music: Epidemic Sound #usa #walmart #retail #shopping #food #economy