Archive for the 'Chile' Category

KUDOS TO WALMART…

Thursday, March 4th, 2010

I have no doubt that there are six different way from Sunday to be cynical about Walmart’s role, through it’s Chilean subsidiary Lider Hipermart, in the recovery actions following the massive earthquake and subsequent tsunamis that devastated Chile. Walmart is learning how to do disasters. From The Associated Press: Aid from the national government had […]

News of the Day

Saturday, December 20th, 2008

In business news: Wal-Mart Bids for Chilean Supermarket Chain Wal-Mart Stores said on Friday it had made an all-cash offer to buy Chile’s biggest supermarket chain, D&S, setting itself up to gain a major foothold in one of Latin America’s most competitive retail markets. And in other news Walmart is now number #2 (in the […]

Remember the Salmon Story?

Thursday, September 4th, 2008

Walmart made a big push for Chile to develop a salmon farming industry. As usual the drive for low prices required certain corners to be cut. The result has been continuing ecological damage to the area as well as problems with diseases affecting the salmon which are kept too closely packed. Customers in the US […]

Do you Remember Chilean Salmon?

Thursday, March 27th, 2008

A few years ago Walmart entered into a deal to buy large quantities of farmed salmon from Chile. Here’s a good summary from the time. The Story of Wal-Mart and Chilean Salmon Wal-Mart is not just another customer of farm-raised Chilean salmon. Wal-Mart is either the number-one or number two seller of salmon in the […]

CHILEAN COMPANY DENIES WAL-MART TALKS…

Wednesday, March 12th, 2008

Apparently in Chile talking to Wal-Mart is akin to taking your mistress to Mass. Yesterday I posted about a Chilean newspaper report that Wal-Mart was talking with grocer D&S. The company denies that any talks have occurred. From Just Food: Chilean grocer D&S has dismissed reports that it has held talks with Wal-Mart over a […]

WAL-MART IN CHILE TALKS…

Tuesday, March 11th, 2008

Wal-Mart has entered talks to acquire Santiago, Chile, based Distribucion y Servicio D&S SA. On the surface this looks like yet another expansion move for Wal-Mart in South America, but Chile has a strong socialist past. Remember our 1973 CIA coup there? Wal-Mart may find it’s dealing with even more assertive workers than previously. From […]