ID-Only Shopping Encourages Wal-Mart to Open Stores in India
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Wal-Mart Stores Inc., blocked from opening retail outlets in India, is reaching consumers in the world’s second second-most populous nation by supplying their stores and restaurants.
The world’s biggest retailer and rivals including Carrefour SA and Metro AG can’t sell more than one brand under one roof in India. They’re allowed to set up wholesale outlets and Wal-Mart’s joint venture with billionaire Sunil Mittal’s Bharti Enterprises Pvt. plans to triple its locations this year.