Quote:
Originally Posted by Robimus
Yeah, Canadian Government won't have a say in the matter. If their stores are losing money they could close them if they wish.
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I'm sorry but that is incorrect, the Government would definitely have a say in ensuring that Wal-Mart didn't own too much of the pie, why else do you think they stopped Sobeys from owning too many Safeway locations? Trust me the government has a say in how retail store chains liquidate their assets to avoid monopolistic control.
I'm certain Target might try to close some locations, the least profitable ones, however I doubt they could just shut down piecemeal and sell off everything to Wal-Mart like that article is implying.
