LABEL Issue V
Dear Readers,
We welcome you to another awaited issue of Label – Newsletter. We all
have entered into yet another threefold of our MBA life and some of us are
going to end our student life within a span of two months. This issue will
help you to understand the hardships of the industry and will give ways to find paths of
success even during the situation of misery.
Nothing is permanent in this world and so is success. No one can guarantee affluence. It is
important to understand how to adapt to the situations of crisis and to be ready to come out
of them as a winner and as an achiever. It is important to have a long term vision and
mission to sustain in the business world. This issue will give you a few examples of some very
successful retailers who came across the fact that success does not follow everywhere.
Our team has worked hard in putting together various stories and have brought forward
some interesting secrets and information in our cover story of the issue - Walmart
failure in South Korea and Germany: Analysis. The article will reveal some unsaid
truths about the company's strategies which lead to the failure of the retail giant - Walmart.
It’s said that the Indian market is the toughest thing for a retailer to understand. But still we
can see several examples like Future Group, D'mart etc. who marked their presence through
their phenomenal attributes of working. Then, what went wrong with Subhiksha..? Which
was that step that led to their downfall? Find out in our dedicated article - Subhiksha Why did it crash land?
Entrepreneurship is not just about success or failure; it’s about continuously trying and
trying for to be better. We have live examples in the industry who tried every way out to
revamp their position and to get started with a new ardent. One which we are getting before
you is about the very popular Spencer's. They have set an epitome for all those retailers
who thought that failure was the end point of their business cycle. A special
article Spencer's: Reviving the retail strategy just for you.
Do not miss the important Retail News of this month included in this edition to keep you
updated with the latest happenings of this sector.
We hope our readers like what we are bringing for them each month and will continue to
support us in our future endeavours.
Happy Reading..!!
Team – Newsletter
Label- The Retail Forum of SIMSR
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