Losses Continue for Wal-Mart

After the announcement of a drop in profits by Wal-Mart recently, there is more bad news for the giant retailer. It has suffered a massive loss of $465m (£246m) in Japan, a five-fold increase in losses. Perhaps we are witnessing the slow decline of the company behind Asda in the UK, we can only continue to shun Wal-Mart and its subsidiaries and watch the corporation slowly die.