Wal Mart chokes on German consumers
Wal Mart is throwing the towel in Germany! Looks like they’ll sell their 85 German stores at a loss of $1Billion to Germany’s largest retailer Metro. I despise Wal Mart, and I find an odd sense of satisfaction in the news that German stubborn attitudes brought Wal Mart, the death star of retail, to its knees. I can just see Grandma Mayer slapping the bagger at the checkout on his fingers: “Those are MY groceries, young man – leave them alone! I bought ’em -I’ll bag ’em!”
Maybe stubborn consumer attitudes hurt Wal Mart, but stubborn worker attitudes really gave Wal Mart the rest. You just try telling German store workers they cannot unionize! Wal Mart sports a patronizing corporate “culture” which encourages ratting on fellow workers, frowns on dating fellow workers (not that I think that that’s generally a smart idea) and generally aims at disenfranchising its employees. This did not go over too well with the German workforce and gave Wal Mart a really negative image in the eyes of the consumer.
Seems like Germans have this funny, antiquated sense that store clerks should be competent professionals, and that they should be treated as such by their employers. Those silly Krautheimers and their attitudes!