Retail
Retail
E-Mart24 to open 1st convenience store in Cambodia in June
Feb 02, 2024 (Gmt+09:00)
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Retail
Hyundai Dept. Store launches membership for foreigners
South Korea's Hyundai Department Store Group announced on Thursday that it launched H Point Global, a dedicated membership service for foreign custo...
Feb 01, 2024 (Gmt+09:00)
1 Min read -
Retail
S.Korea’s duty-free industry going downhill
The South Korean travel retail industry, once considered the country’s golden goose, is forced to streamline operations given no signs of a dra...
Jan 30, 2024 (Gmt+09:00)
3 Min read -
Retail
Korean convenience stores push exports of own brand products
South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is inte...
Jan 30, 2024 (Gmt+09:00)
1 Min read -
Retail
Lotte World Tower sees record-high visitors in 2023
Lotte Property & Development Co. (Lotte P&D) announced on Wednesday that the total number of visitors to Lotte World Tower and Mall last year...
Jan 25, 2024 (Gmt+09:00)
1 Min read -
Retail
Lotte Mall West Lake Hanoi cited as a Lotte success story
Lotte Mall West Lake Hanoi, a premium commercial complex, has emerged as a hot spot in Vietnam, hitting the 100 billion won ($74 million) milestone i...
Jan 22, 2024 (Gmt+09:00)
1 Min read -
Retail
Lotte Duty Free holds grand reopening ceremony at Changi Airport
Lotte Duty Free held a grand opening ceremony for its Changi Airport store in Singapore, marking the official start of its 19 stores.Lotte Duty Free ...
Jan 21, 2024 (Gmt+09:00)
1 Min read -
Retail
Korea’s Gmarket poised to post 1st profit since Shinsegae’s takeover
Gmarket, a major e-commerce website based in South Korea, likely turned to profit in the fourth quarter of last year, which would mark the first time...
Jan 02, 2024 (Gmt+09:00)
2 Min read -
Retail
S.Korea's perfume duty free limit to rise by 100 ml in 2024
South Korean government will raise the duty-free limit of perfume from 60 ml to 100 ml in January 2024. The Ministry of Economy and Finance announced...
Dec 27, 2023 (Gmt+09:00)
1 Min read -
Retail
Korea’s E-Mart24 to debut in Cambodia, aims for 100 stores by 2028
E-Mart24 Inc., one of South Korea’s leading convenience store chains, will make a foray into Cambodia to gain ground in one of Southeast Asia&r...
Dec 22, 2023 (Gmt+09:00)
1 Min read -
Retail
Shinsegae Gangnam stands out among department stores with $2.3 bn sales
Shinsegae Department Store, South Korea’s leading retail business operator, said on Thursday its flagship store in Gangnam, an upscale district...
Dec 21, 2023 (Gmt+09:00)
2 Min read -
Retail
Lotte extends Brisbane Airport duty-free shop operations until 2034
Lotte Duty Free, South Korea’s largest duty-free business operator, said on Sunday it has extended its operating rights for a duty-free shop at...
Dec 17, 2023 (Gmt+09:00)
2 Min read -
Retail
Korea’s top dollar store chain Daiso buys out Japanese shareholder
South Korea’s AsungHMP Co. has bought a 34.2% stake in Asungdaiso Corp., which operates the country’s top dollar store chain Daiso, from ...
Dec 13, 2023 (Gmt+09:00)
1 Min read -
Retail
Home&Shopping opens exclusive section in Vietnam K-Market
South Korea's Home&Shopping announced on Friday that it opened its exclusive section in the K-Market in Vietnam. The company aims to support the ...
Dec 08, 2023 (Gmt+09:00)
1 Min read -
Retail
E-Mart opens 3rd store in Vietnam, spurs K-food marketing
South Korea’s E-Mart Inc. will open its new hypermarket in Ho Chi Minh City on Dec. 7, accelerating sales of its private label No Brand product...
Dec 06, 2023 (Gmt+09:00)
2 Min read -
Retail
The Hyundai Seoul, a must-visit for young foreigners
The Hyundai Seoul, the largest department store in the South Korean capital, topped the 1 trillion won mark in annual sales at the fastest pace in th...
Dec 04, 2023 (Gmt+09:00)
2 Min read -
Retail
Korea puts brakes on Chanel, Hermes, Nike resale bans
The Korea Fair Trade Commission (KFTC) has put the brakes on what it calls unfair business practices whereby Chanel, Hermes and Nike ban customers fr...
Nov 30, 2023 (Gmt+09:00)
2 Min read -
Retail
Black Friday sales offer short-lived relief to Korean retailers
South Korean retailers and fashion outlets are seeing record-breaking sales during their big discount events this month, but industry watchers said t...
Nov 23, 2023 (Gmt+09:00)
2 Min read -
Retail
S. Korea’s CU surpasses 500 global stores
South Korean convenience store chain CU announced on Thursday that it surpassed 500 global stores, achieving an annual footfall of 100 million overse...
Nov 23, 2023 (Gmt+09:00)
1 Min read -
Retail
Lotte Home Shopping showcases Bellygom in Bangkok
South Korea's Lotte Home Shopping announced on Tuesday that it has displayed Bellygom Bellygom at Siam Discovery, the largest shopping mall in Bangko...
Nov 21, 2023 (Gmt+09:00)
1 Min read -
Retail
Japanese furniture brand Nitori to open first store in Korea
Nitori Co., dubbed Japan's IKEA, is slated to open its first store in South Korea next week, accelerating its Asia-centered expansion push, while suf...
Nov 17, 2023 (Gmt+09:00)
2 Min read -
Retail
South Koreans, frugal at home, open wallets abroad
Consumer spending in South Korea has been on the decline this year amid few signs of a near-term recovery. But when it comes to overseas spending, it...
Nov 09, 2023 (Gmt+09:00)
2 Min read -
Retail
Shinsegae, Galleria woo Louis Vuitton, Rolex for new growth
Louis Vuitton and Rolex brands are status symbols for customers and so they are for department stores in South Korea.Shinsegae Inc. and Hanwha Galler...
Nov 08, 2023 (Gmt+09:00)
2 Min read -
Retail
S.Korea's Emart24 to sell prefabricated house
South Korea’s convenience store chain Emart24 partnered with YMK Construction to launch an innovative range of prefabricated houses, a first in...
Nov 08, 2023 (Gmt+09:00)
1 Min read -
Retail
Costco Korea on verge of falling into low-growth trap
South Korea, one of the most lucrative markets for Costco Wholesale Corp., appears to be losing its appeal in the face of China’s rapid ascent ...
Nov 07, 2023 (Gmt+09:00)
3 Min read -
Retail
Coupang opens its second logistics center in Taiwan
Coupang Inc., South Korea’s leading e-commerce platform, has opened its second fulfillment center in Taiwan and plans to open a third one there...
Nov 03, 2023 (Gmt+09:00)
2 Min read -
Retail
Louis Vuitton to launch fourth pop-up restaurant in Seoul
The French luxury brand Louis Vuitton will open a pop-up restaurant in South Korea. This is the fourth one since May this year.According to company s...
Nov 03, 2023 (Gmt+09:00)
1 Min read -
Retail
Shilla Duty Free partners with Line Pay to attract Asian tourists
South Korea's The Shilla Duty Free announced it partnered with Line Pay Taiwan to attract South Asian tourism on Thursday. Line Pay is the top mobile...
Nov 02, 2023 (Gmt+09:00)
1 Min read -
Retail
E-Land eyes another leap forward in China under new strategy
SHANGHAI – E-Land World Ltd., a South Korean fashion and retail company, is gearing up for another leap forward in China, where the company&rsq...
Oct 31, 2023 (Gmt+09:00)
3 Min read -
Retail
NS Shopping to support partner's Indonesian export
South Korean online shopping mall operator NS Shopping Co. announced on Friday it will support the overseas expansion of its partner, Taeyoung.Taeyou...
Oct 27, 2023 (Gmt+09:00)
1 Min read
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