A Giant Retailer In Argentina: ‘Glocalization’ Perspectives
Keywords
Adaptation; Argentina; Globalization; Glocalization; Retail; Walmart
Abstract
This article examines how Walmart became successful in Argentina by applying the tenets of ‘glocalization’ theory. ‘Glocalization’ refers to the strategies a multinational corporation employs abroad to cater to local idiosyncrasies. When Walmart built its first stores in Argentina, it imposed its US-based blueprint of low-pricing tactics and shopping traditions that were rapidly rejected by most Argentinian consumers. After a few years of trial and error, Walmart finally brought forth five major business and cultural changes that proved successful: (1) adaptation of store design, (2) adaptation of products to local tastes, (3) adaptation of shopping culture, (4) adaptation of employment practices and workplace culture and (5) acceptance of trade unions.
Publication Date
3-1-2016
Publication Title
Portuguese Journal of Social Science
Volume
15
Issue
1
Number of Pages
111-127
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1386/pjss.15.1.111_1
Copyright Status
Unknown
Socpus ID
84975230172 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/84975230172
STARS Citation
Matusitz, Jonathan, "A Giant Retailer In Argentina: ‘Glocalization’ Perspectives" (2016). Scopus Export 2015-2019. 2561.
https://stars.library.ucf.edu/scopus2015/2561