Home Plus Riding the Korean Retailing Rollercoaster 2013

Home Plus Riding the Korean Retailing Rollercoaster 2013

Marketing Plan

“Korean retailing’s rampage is set to continue in the new year. Home Plus, one of South Korea’s major home appliance retailers, reported a year-on-year growth of 33.7% in annual net sales in 2012. This was driven by a 15.2% increase in like-for-like sales (excluding price reductions) in December. ‘The year-on-year growth rate was higher than the retailing industry average of 8.7% and the

Porters Model Analysis

Home Plus, the world’s number three player in the South Korean retailing market, was experiencing a rollercoaster ride, at first sight. With the strong Korean Won and the local currency (KRW), the company was profiting in a rather surprising way. So far, they’ve grown 45% every year since 2010 (KRW 3.63 trillion in 2011, KRW 4.58 trillion in 2012, KRW

Problem Statement of the Case Study

It is indeed an overused phrase, but I cannot help it. The Home Plus (HP) story has been on my mind ever since I last checked with them for their first-quarter financial statements for 2013. I was hoping to read about their remarkable growth and how they did it in a highly dynamic Korean retail market. The company came into the public eye in 2005, having started as a small offline store selling various products such as home decor, sports equipment, jewelry, clothing, electronics, and

Porters Five Forces Analysis

Home Plus is a South Korean retailing company which owns various Home Plus stores that were introduced in 1993. Home Plus has its headquarters located in Seongbuk-gu, Seoul, South Korea. navigate to these guys Home Plus is currently South Korea’s second largest home appliance retailing company. Home Plus is considered the pioneer of the home appliance market in Korea, where it has gained a significant market share since its entry. Home Plus has expanded rapidly through acquisition of various home appliance retailers such as Eureka and Supermarket

Write My Case Study

Home Plus, a leading department store in South Korea, has been facing numerous challenges that have been weighing on its performance. The major challenge for this retailer has been the increasing dominance of online sales by local e-commerce giants, such as CJ Cortex and Lotte Department Stores. While online sales have accounted for nearly 30% of the total market share of Korea’s department store industry, the growth rate of online sales has been far outpacing those of its brick-and-mortar counterparts. Fact

PESTEL Analysis

– 3/15/13: I attended “An Investor’s Perspective” on the Korean Retailing Scenario. In this seminar, the panel discussed the Korean retailing scenario. They touched on several issues, including: the retail landscape of Korea, the strengths and weaknesses of Korean retailers, the economic backdrop in Korea, and the impact of global factors on the Korean retail industry. There were several notable takeaways from this seminar. Firstly, the panel members discussed the strong performance of Korea’