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Wal-Mart Will Hedge Its Bet on Banking
August 17, 2007
The suggestion in a Tendencias InfoAmericas article that Wal-Mart (WMT) will boldly go where no bank has gone before raises several questions. How can Wal-Mart undercut competitor pricing in order to expand into banking? Is Wal-Mart willing to lose money from a banking strategy to gain market share? Does the unbanked and underbanked marketplace present a big market opportunity for Wal-Mart?
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