GLG News Analyses of the following article:US EARNINGS WRAP: Wal-Mart Profit Flat, Kohl's Down 3%
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Published at: online.wsj.com
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Can Retailers Compete With Government's "Crown Corporations”?
August 14, 2009
Retailers now face competition from what Europeans call "Crown Corporations", i.e., companies that are controlled by the government, like General Motors and Chrysler. Here's why retailers are likely to be the losers.
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