SEOUL, July 15 (Korea Bizwire) — South Korea’s major convenience store chain CU said Thursday it has launched two stores in a new international airport in Mongolia as part of efforts to boost its presence in the country. CU said the company has become the first South Korean convenience store chain that has established outlets [...]
SEOUL, July 2 (Korea Bizwire) — E-Mart 24, the convenience store arm of South Korean retail giant Shinsegae, said Thursday that it will increase the number of ‘hybrid’ semi-unmanned stores that operate without workers late at night using a digital payment kiosk system. During the daytime, however, the stores are operated by employees. The initiative [...]
SEOUL, June 29 (Korea Bizwire) — South Korea’s retail industry is preparing to deal with the upcoming summer heat. E-commerce grocer Market Kurly introduced new packaging this month that includes more ice packs and dry ice for refrigerated products. “We are using some 100 kinds of packaging methods to ensure that the food is delivered [...]
SEOUL, June 23 (Korea Bizwire) — E-Mart24 Inc., the convenience store arm of South Korean retail giant Shinsegae, said Wednesday it will open its first store in Malaysia this week as part of its overseas push. The 257-square-meter outlet, located in an office district in the Malaysian capital of Kuala Lumpur, is slated to open [...]
SEOUL, June 11 (Korea Bizwire) — South Korea’s major discount stores, convenience stores and e-commerce companies are making various attempts to shorten their delivery service time from one or a half day to as short as one to three hours or even 30 minutes. GS Retail Co., launched its ‘super-speed delivery’ service in January, using [...]
SEOUL, June 9 (Korea Bizwire) — South Korean food and beverage giant SPC Group said Wednesday its bakery-cafe chain Paris Baguette has opened its first store in Cambodia. The store, which was opened in Phnom Penh in partnership with Cambodia’s HSC Group, will pave the way for Paris Baguette to expand its presence in Southeast [...]
SEOUL, May 25 (Korea Bizwire) — South Korea’s major online shopping malls are fiercely competing to secure regular clients by providing free and easy return services. Shinsegae TV Shopping Inc., the home shopping arm of retail giant Shinsegae, introduced a new return service that uses convenience stores as a return channel earlier this month. The [...]
SEOUL, May 19 (Korea Bizwire) — South Korea’s major department stores, which have placed top priority on attracting customers to their stores, are now stepping into near-distance delivery services for food and beverage being sold at food courts and in-store restaurants. They are expanding the scope of ‘dawn delivery’ and ‘free return’ services in collaboration [...]
SEOUL, May 17 (Korea Bizwire) — Pop-up boutiques at department stores are turning into platforms for exhibitions and simulations to attract members of the MZ generation who are more accustomed to online shopping than offline. The MZ Generation encompasses millennials and Generation Z, referring to those born between 1980 and 2010. Since May 7, Lotte [...]
SEOUL, May 14 (Korea Bizwire) – The fierce competition over the acquisition of eBay Korea and Yogiyo is sweeping through the merger and acquisition (M&A) market in the retail industry. The acquisition of South Korean unit of the U.S. online shopping giant has attracted Lotte Shopping Co., E-Mart Inc. from Shinsegae Group, SK Telecom Co. [...]