« | »

Wal-Mart To Re-Open 12 Stores In Japan

From a clearly ticked Reuters:

Wal-Mart to reopen 12 quake-hit stores in Japan

March 28, 2011

NEW YORK (Reuters) – Wal-Mart Stores Inc will re-open 12 of its Seiyu stores in Japan which were affected by the earthquake, and is hoping to open the remaining 12 impacted stores as soon as possible, a spokesman for the U.S.-based retailer said.

Wal-Mart has 371 stores and 43 deli outlets in Japan, of which 24 were affected by the March 11 earthquake and tsunami that left more than 27,000 people dead or missing across Japan’s devastated northeast.

Of Wal-Mart’s affected stores, two were severely hit and were completely covered by mud, said Wal-Mart Asia’s Vice President of Corporate Affairs, Anthony Rose.

The remaining 22 affected stores managed to operate out of parking lots in some form within hours of the disaster, and were giving away bottled water and items such as noodles while selling some limited items, Rose said.

Wal-Mart said the 12 returning to full operations on Monday are located in Sendai City and in a suburb of Sendai. The other 12 will reopen as soon as possible, said Rose, who is based in Hong Kong.

Wal-Mart is now going to re-open their stores? Are the Japanese people to be spared nothing?

"Wal-Mart has a lot of experience of dealing with disasters learning from the earthquakes in china [sic], Chile and also the Katrina disaster to name a few," said Scott Price, president and CEO of Wal-Mart Asia in a statement emailed by Rose.

"Within minutes of the earthquake in Japan, we activated our emergency operations center in Bentonville and command centers in Tokyo and Hong Kong," Price said in the statement.

Imagine, Wal-Mart doing good things for the local community. And they probably aren’t even unionized.

That should not be allowed.

This article was posted by Steve on Monday, March 28th, 2011. Comments are currently closed.

3 Responses to “Wal-Mart To Re-Open 12 Stores In Japan”

  1. LibertyJunkie.com says:

    That’s so ironic considering that Wal-Mart (with the help of Sara Palin) are the ones that probably caused the earthquake and tsunami.

    • proreason says:


      Side issue, people can rant about globalization all they want, but as long as there are markets that are close to free, it will continue.

      Walmart has done more to create a globalized economy and also to hold down inflation in the US than any government, anywhere. The only thing that can stop it (and it’s successors) is total state control. And what that will create is stagnant economies in which the people may have protected jobs, but their standards of living will gradually decline to poverty level.

      Like it or not, there are only two choices: freedom, with all of the risk, change, turmoil and wealth creation that go with it, and serfdom: good ole stable, unchanging, tighly contolled stasis. But hey, Obamy recommends it!!! It makes his job easy, and we know he doesn’t like to sweat the details.

  2. beautyofreason says:

    I’m glad there are Walmarts in Japan. Last time I checked Tokyo and Osaka were in the top five most expensive cities in the world. I understand when people complain about Walmart importing all of their products from China, the cheap plastic construction on most items, and I wouldn’t buy the meat (apparently it’s dyed to give it the illusion of freshness), but I do appreciate their low prices on canned foods. Walmart might bring those high priced New York stores down to size. What are the unions afraid of? That people will patronize a place that does not charge obscene prices for normal products?

« Front Page | To Top
« | »