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IPFS News Link • Economy - Economics USA

Wal-Mart buying up Japan?

11-2-2005 • Agence France Presse

Wal-Mart, seeking a foothold in the world's second largest economy, said it would take a majority stake in loss-making Seiyu. The move raises the prospect that Wal-Mart will try to bring its style of low-cost megastores to Japan.

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