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Walmart To Suffer $1B Loss After Relationship with Socialist Argentina Goes Awry

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The world’s largest retailer has decided to sell its operation in Argentina to the South American supermarket chain owner Grupo de Narváez. According to The Financial, Walmart is selling all 90 of its Argentinian retail locations — the first of which opened in 1995. Walmart did not disclose the value of the transaction but said…

The post Walmart To Suffer $1B Loss After Relationship with Socialist Argentina Goes Awry appeared first on The Western Journal.

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