Wal-Mart ‘not ready’ for Russia

26 April 2005 – Bentonville (AK): Wal-Mart is not yet ready to enter the Russian market, according to reports in the Turkish press.

The articles cite the retail giant’s CEO Lee Scott, who says: "We have looked at the Russian market, we have an interest in the Russian market, but I’m not sure we’re quite comfortable to go there today."