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Strong companies such as Blockbuster often expand because if they do not, imitators will form and lessen their chances of expansion. The reason for the failure in Peru was nothing the company itself did, but the fact that it on consumers may purchase pirated copies of Hollywood blockbusters in downtown Lima for around one dollar, while it often costs twice as much to rent a copy legally...
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Video International Peru once operate a dozen retail outlets of the chain, and after holding out as long as possible, were eventually forced out of business.
Even the global powerhouse, Bentonville based Wal-mart, has failed in countries like South Korea and Germany. Huge corporations such as Wal-Mart are sometimes not the best choice for countries such as these that have specials needs and require different store layouts, products, etc...
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International Retailing
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