SEOUL, Oct. 30 (Korea Bizwire) – South Korean retail group Shinsegae Inc. said Thursday its duty-free business unit will withdraw from Incheon International Airport’s DF2 zone due to mounting losses. Shinsegae, operator of South Korea’s second-largest department store chain, made the decision in order to improve operational efficiency in its duty-free business amid deepening losses, [...]
AGUASCALIENTES, Mexico, Mar. 4 (Korea Bizwire) — The retailer said in a statement that LicorZone’s (R) first outlet is located in Aguascalientes, Mexico. With one store opening this week and another coming next month at a location near Aguascalientes’s bus station, the liquor, beer, and wine outlet announced that it intends to open at least [...]
FORT LAUDERDALE, Fla., Mar. 4 (Korea Bizwire) — DutyFreeZone.com is not a traditional E-commerce company. It operates an “open marketplace” that connects worldwide buyers with sellers. It has created an E-Commerce platform to compete against competitors, such as B2B web sites in Asia, which helps businesses of all sizes worldwide reach consumers and importers. It [...]