EUROPE: IN WAL-MART'S WAKE

Eat or be eaten!That's the choice observers say is facing major retailers in Europe in the wake of Wal-Mart's pending acquisition of U. K.-based Asda.Carrefour apparently chose to dine, disclosing plans earlier this month to acquire Promodes, and other mergers are expected to follow as Wal-Mart Corp., the Bentonville, Ark.-based giant whose footsteps have been shaking up U.S. retailing for more than

Eat or be eaten!

That's the choice observers say is facing major retailers in Europe in the wake of Wal-Mart's pending acquisition of U. K.-based Asda.

Carrefour apparently chose to dine, disclosing plans earlier this month to acquire Promodes, and other mergers are expected to follow as Wal-Mart Corp., the Bentonville, Ark.-based giant whose footsteps have been shaking up U.S. retailing for more than a decade, begins pacing around Europe.

While Wal-Mart has opera

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