Wednesday, April 10, 2013

LG Expanding Retail Stores in Emerging Markets


Samsung's not the only Korean electronics company expanding its retail footprint. LG also plans to open more stores this year, according to a news report.  LG intends to increase the number of its retail stores in emerging markets to boost its market share in smartphones and build a bigger reach for its consumer electronics, according to The Wall Street Journal (subscription required). The publication, citing LG Global Marketing Officer Ki Wan Kim, said the company plans to grow the number of LG-branded shops by as much as 20 percent above the current level of more than 3,000 stores.

http://tinyurl.com/cqjjosn

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