October 13, 2010
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Five years ago, the international discount giant Wal-Mart started setting up shop in Germany, one of the last frontiers on Wal-Mart’s road to world domination of consumer product and grocery sales.
Today, Wal-Mart’s blue and white megastores are nowhere to be seen in this land of thousands of brands of local sausages and beer. But it was no local-economy protecting protestors that sent the big retailer packing. Quite the opposite.