Big Box Walk

Kitchens, Susan
June 2006
Forbes Asia;6/19/2006, Vol. 2 Issue 11, p16
The article focuses on Shinsegae, a retail company in South Korea. According to Hak-su Koo, chief executive of Shinsegae, Wal-Mart failed to cater to Asian tastes. Wal-Mart has decided to sell all of its South Korean stores to Shinsegae on May 22, 2006. There is an increase in the share of Shinsegae after the Wal-Mart's announcement.


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