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    Home Plus is an established Korean retailer that, like any retailer, faces challenges in the Korean market. The company’s strategy for overcoming these challenges is to increase market share and profitability. Key Success Factors of Home Plus: 1. Market Knowledge Home Plus is a leader in the Korean retailing industry. By accumulating extensive market knowledge, they were able to identify opportunities in the rapidly growing market. 2. Product Quality Home Plus’ products are of high quality and consistently sell well. They offer a

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    Korea’s retail sector has seen immense development over the last decade. The retail landscape is changing significantly with the rise of the internet and other mobile devices. In a country with a population of over 50 million, shopping is an essential aspect of daily life. The rapidly growing Chinese consumers have also made a significant impact on the retail market. With its rapidly growing middle class, South Korea is poised to become one of the leading retailing destinations in Asia. The domestic retailing scenario has improved in recent years. Korean retailers

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    Home Plus Riding the Korean Retailing Rollercoaster: Youngwoo Lee and Martin Hemmert Home Plus is a Korean consumer goods conglomerate, and the world’s fifth largest toy distributor. It was founded in 1978 by the Lee family, which continues to hold controlling interest in the company. Home Plus has seen remarkable growth in the Korean market, becoming the third-largest toy distributor in 2011. This success is attributed to several factors, including the company’s comprehensive customer

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    “Home Plus, a leading Korean retailer in China, has been on a roll for a decade. I was part of a team tasked with analyzing its performance in 2013. Based on my research, this Korean retailer is doing something truly innovative by leveraging Alibaba to bring more products to the China consumers at a reasonable cost. Home Plus offers a wide range of Chinese products and is using Alibaba’s e-commerce platform as a platform for its international expansion. Alibaba’s e-commerce platform has already helped

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    Home Plus Riding the Korean Retailing Rollercoaster Youngwoo Lee Martin Hemmert 2013 was a wild ride — an unconventional growth story with a great story-line, a unique customer experience, and compelling market conditions. Click This Link The home appliance retailer is in the middle of a growth story, in a market where sales are down and the cost structure is out of whack. click this site We’ll talk more about the competitive landscape later, but it is clear the Korean retailers have done a great job over the past

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    “When Korea’s Samsung Electronics announced it would exit its consumer electronics retailing business in China, I thought ‘wow’. I was the only one! Not a single analyst at any of the top investment banks in Asia could match it. It’s not a major retailer in the United States, and the Chinese market is also small. But South Korea’s best-known and most aggressive consumer electronics retailer had entered the China market with just 100 shops. I was just back from a fact-

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    As an early-stage investor in retailing companies, it can be challenging to discern between the winners and losers. In Korea, we’ve seen this process play out in the wake of the country’s market liberalization, which brought on many changes for the country’s retailers. One key group has gained the most in value, however, and for that reason, I believe this is the group we should be watching closely for future growth opportunities. I am referring to the Home Plus group, which operates 208