I am studing why walmart failed in Germany and have to give a presentation. any comments?

Was it the culture, the politics, high unemployment rates, or just their attitude? thank you for your response

I am studing why walmart failed in Germany and have to give a presentation. any comments?business loan

It was the government. Although Germany is a free country, some of their systems are not that similiar to ours. The government controls the economy more than our govt here. Not only that, Germany is part of a larger economic unit called the European Union. They use the euro as currency

I am studing why walmart failed in Germany and have to give a presentation. any comments? loan

Wal-Mart had tough competition in germany, mostly discounters like Aldi and Lidl who had lower prices than Walmart.German consumers tend to be very price-conscious.