Walmart pulled out of Germany and South Korea and Best Buy closed several stores in China.This is an example that illustrates that it is not possible to export a retail business model that has proven successful in the domestic market.

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The failure of Walmart in Germany and South Korea, and Best Buy's closing of several stores in China indicate that it is not always possible to export a retail business model that has worked well in the domestic market. Cultural differences, regulatory challenges, and changing consumer preferences are some of the factors that can make it difficult for retailers to succeed in foreign markets.

Walmart Pulled Out of Germany and South Korea and Best