Retail firms have internationalized aggressively, first into developed
countries and then into developing countries. Doing business in emerging
countries offers growth opportunities, but also holds some uncertainties
due to the lack of knowledge on whether international retailers can
succeed with a global brand in business that was originally local. To
expand on this issue, Karin Pennemann discusses successful positioning
options for retail brands in the context of emerging countries and draws
implications for retailers' international brand management. Her research
identifies the importance of perceived brand globalness, the underlying
value creation process, and the relevance of cultural differences in
international retail brand management.