LG/Hyundai: big steps in fulfillment in Korea

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Tesco: turning a profit where others fail

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Tesco: delivering the goods in Korea

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Wal-Mart: exiting South Korea

Wal-Mart has announced the sale of its South Korean business to Shinsegae for around $882 million, in a move reflective of recent developments as global retailers have struggled to impact upon this difficult Asian market. Wal-Mart's withdrawal from the region also signals that joint ventures are perhaps a better option for those looking to invest in certain Asian markets, as illustrated by Tesco.

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Wal-Mart: Korean exit is no sign of international retreat

Wal-Mart is to sell its loss making South Korean operations to Shinsegae for $884 million. The sale of the 16 superstores marks Wal-Mart's first withdrawal from an international market since launching its overseas expansion in the early 1990s. Although this particular venture has been scrapped, the retailer is still keen on international growth.

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Tesco: raising the bar in Asia

Tesco is set to challenge South Korea's largest retailer, E-Mart, for market leadership with the purchase of 36 Homever stores for GBP958 million - the retailer's biggest ever acquisition. Marking an unusual move for Tesco, which has typically preferred organic means of foreign expansion, the current economic climate could bring new opportunities.

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Inditex: solid sales and expansion growth in 2008

Inditex, Europe's largest clothing retailer, has so far managed to avoid the worst of the current economic crisis, registering strong sales growth in 2008 on the back of sustained rapid international expansion. It is well positioned to tackle an even tougher 2009, but a weaker outlook for European retail could pose difficulties for a retailer that receives the bulk of its sales from the continent.

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Tesco looks to the East for growth but must not neglect the UK

Competitive pressures are mounting in Tesco's domestic market and with growth in the UK set to become far more subdued, aggressively pursuing growth in its Asian operations is a sensible strategy for the grocer. However, Tesco must ensure that the emerging avenues of growth in the UK are exploited to the same extent as those provided by the exciting opportunities in its key growth region.

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Louis Vuitton: expanding into the airport retailing sector

In a move reflecting the growing demand for luxury duty free shopping in Asia Pacific, fashion house Louis Vuitton has chosen Incheon Airport in South Korea as the location for its first ever airport store. The brand's regional popularity combined with Incheon's growth as a major transport hub should spell success for the company, and will likely pave the way for future travel sector ventures.

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