Japanese variety store
Scope
Date
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Economy
Seoul ranks 7th in city competitiveness assessed by Japanese Institute
Seoul's urban competitiveness rebounded after five years, ranking seventh in the world. It was due to the fact that the ranking of the economy categ...
Jan 09, 2023 (Gmt+09:00)
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Food & Beverage
Korea's coffee brand Ediya to open 1st overseas branch in Guam
Ediya Coffee, South Korea's home-grown low-priced coffee brand, will open a branch in Guam in the first half of this year to seek growth through exp...
Jan 04, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
7-Eleven shows off first realistic metaverse store at CES 2023
Convenience store franchiser 7-Eleven said on Tuesday that it would display a new concept metaverse store for the first time in the industry toget...
Jan 03, 2023 (Gmt+09:00)
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Retail
GS Retail to introduce forex kiosks in convenience stores
South Korea's convenience store franchiser GS Retail said on Monday that it would introduce foreign currency exchange kiosks at its convenience st...
Jan 02, 2023 (Gmt+09:00)
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Logistics
Korea's Traders Wholesale Club launches paid membership program
S.Korea's big-box store Traders Wholesale Club officially launched its paid membership program called Traders Club on Sunday.The store has secured...
Jan 02, 2023 (Gmt+09:00)
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Retail
CU to make instant VAT refund for foreign customers
BGF Retail, a franchiser that operates convenience store chain CU, said on Tuesday that it would implement an instant VAT refund service for foreign...
Dec 27, 2022 (Gmt+09:00)
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Food & Beverage
E-Mart enters Singapore with two corner shops selling K-food
South Korea’s largest supermarket chain E-Mart Inc. has become the first Korean company that has launched a convenience store in Singapore.The...
Dec 23, 2022 (Gmt+09:00)
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Future mobility
Lotte mulls building transit hubs in retail stores for air taxis, drones
South Korea’s Lotte Engineering & Construction Co. said on Dec. 22 it is considering building vertiports on the rooftops of its retail aff...
Dec 22, 2022 (Gmt+09:00)
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Chemical Industry
CJ CheilJedang develops biodegradable cosmetic containers
CJ CheilJedang Corp. said on Thursday that it has applied a biodegradable container developed from a composite material mixed with PHA (polyhydroxya...
Dec 22, 2022 (Gmt+09:00)
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Metaverse
CU to introduce shopping platform on metaverse
Convenience store chain CU said on Thursday that it would introduce a meta-commerce service where online business activities take place on the met...
Dec 22, 2022 (Gmt+09:00)
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Retail
Lotte Mart opens 50th Indonesian store in Serpong
Lotte Mart said on Thursday that it would open its 50th store in Serpong, Indonesia. The store is 4,628 square meters, with more than 80% of the tot...
Dec 22, 2022 (Gmt+09:00)
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Retail
Gabriela Hearst, Veronica Beard, Toteme to launch in Korea
US designer brands Gabriela Hearst and Veronica Beard, as well as Swedish premium Toteme are set to open exclusive stores in South Korea to allure f...
Dec 15, 2022 (Gmt+09:00)
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Bio & Pharma
S. Korea's GI Cell, Japanese partner to study cell therapy for blood cancer
South Korea's GI Cell, the cell therapy affiliate of GI Innovation, on Tuesday said it signed an agreement with Optieum Biotechnologies of Japan on ...
Dec 14, 2022 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea's Shinsegae Int'l secures domestic sales rights of Laura Mercier
South Korea's major retailer Shinsegae International said on Monday that it would acquire the exclusive domestic sales rights of Laura Mercier, a Fr...
Dec 12, 2022 (Gmt+09:00)
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Korean food
Sulbing opens 1st US store in California in March next year
South Korean dessert café Sulbing said on Friday that it signed a new master franchise contract to declare its entry into the US market and a...
Dec 09, 2022 (Gmt+09:00)
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Travel & Leisure
Lordsystem, NHN Doctortour agree to promote mobile passport authentication service
South Korea’s two companies, Lordsystem and NHN Doctortour, decided to cooperate on mobile passport identity verification services, which wi...
Dec 09, 2022 (Gmt+09:00)
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Food & Beverage
S.Korea's fast-food chain Lotteria opens 3rd store in Mongolia
Lotte GRS, the food affiliate of Lotte Group, said on Thursday that it opened its third Lotteria restaurant in Ulaanbaatar, Mongolia, last Friday.Lo...
Dec 08, 2022 (Gmt+09:00)
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Arts
Lotte Department Store hosts Alfie Caine's first solo exhibition in Asia
Lotte Department Store on Wednesday said it will hold the first solo exhibition in Asia by Alfie Caine, a British artist who is emerging as a star o...
Dec 08, 2022 (Gmt+09:00)
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Airlines
Air Busan offers 4 daily flights on Busan-Fukuoka route
Korea's low-cost carrier Air Busan Co. from Thursday will add a daily flight to its route linking the nation's biggest port city of Busan to Fukuo...
Dec 07, 2022 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang launches new Bibigo kimchi in Europe
Korea's leading food processing company CJ CheilJedang said on Monday that it has launched Bibigo sliced kimchi for export in Europe, which can be s...
Dec 05, 2022 (Gmt+09:00)
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Petrochemicals
LG Chem unveils eco-friendly bioplastic, supplies to US toy firm Mattel
LG Chem Ltd., South Korea’s largest chemicals maker, has unveiled a new eco-friendly high-performance bioplastic and supplied it to Mattel Inc...
Dec 05, 2022 (Gmt+09:00)
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Travel & Leisure
Seoul reclaims spot as Japanese tourists' top destination after 11 yrs: HIS
Seoul has become the top destination for Japanese tourists for the first time since 2011, according to Japan’s leading travel agency HIS Gro...
Nov 28, 2022 (Gmt+09:00)
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Korean games
Game design and development studio SHIFT UP eyes IPO
SHIFT UP Corp., known for its subculture games, is eyeing an initial public offering (IPO.) The game design and development studio confirmed th...
Nov 14, 2022 (Gmt+09:00)
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Korean startups
Shinhan Future's Lab opens startup accelerator in Japan
South Korea's Shinhan Financial Group said on Monday it held a ceremony Friday to launch Shinhan Future's Lab Japan in Tokyo.The business accelerati...
Nov 07, 2022 (Gmt+09:00)
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Retail
Lotte Shopping joins hands with UK's Ocado to build online grocery store
Lotte Shopping Co. will join forces with the Hertfordshire, England-based Ocado Group, which licenses grocery fulfillment technology to retailers.&n...
Nov 01, 2022 (Gmt+09:00)
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Artificial intelligence
Experts define goal of AI tech development as cooperation with humans
Renowned artificial intelligence (AI) scholar Masashi Sugiyama said his research goal is to develop AI that can work and learn alongside people.Su...
Oct 11, 2022 (Gmt+09:00)
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Fintech
Kakao to challenge Naver, Apple for offline payment services
South Korea’s largest mobile payment app KakaoPay has bought a stake in the country’s No. 1 electronic payment system provider, accordin...
Sep 29, 2022 (Gmt+09:00)
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COVID-19
SK Bioscience seeks WHO nod for prompt COVID vaccine sale
SK Bioscience Co., the biopharmaceutical unit of South Korea’s No. 2 conglomerate SK Group, sought approval from the World Health Organization...
Sep 08, 2022 (Gmt+09:00)
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Automobiles
Kia Sportage Hybrid beats Toyota RAV4 in German review
Kia Corp.’s compact SUV Sportage Hybrid (HEV) was recognized for higher driving convenience and efficiency, alongside better connectivity and ...
Sep 04, 2022 (Gmt+09:00)
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Retail
Korean big-box stores see credit rating downgrades
Two credit rating agencies have lowered South Korean big-box retail giants’ credit profiles. Korea’s top three big-box stores, Homeplus ...
Aug 31, 2022 (Gmt+09:00)